The SEBI has approved Reliance Retail’s acquisition of Future Group’s retail assets on Wednesday. ( 20th jan 2021 )
This led to two days upper circuit in the Share Price. As the approval for the Future Retail led to positivity in the market and possible Target 150 within the month of Feb.
Hold for long term to get target as 350, asthe vaccines as been out and...
do not miss this opportunity from this operator. It has eaten a lot from retailers.
follow this chart and price levels and sit tight. It has to give a retracement and target 1 will be 100 and target 2 will be 118. It has broken weekly support today , so do not buy hastily , allow the price to come to 70 and buy at about 3.15 pm as an upward move usually goes with...
fretail has shown extraordinary price action since last couple of weeks. Its all happened in this counter
news, earnings, board meetings....but beauty of technicals of a stock is it still followed the chart patterns. In case of buying strict stoploss to be followed below the green support trendline as per one wishes. My view is not more than 10 percent .Remember...
I hope you can now see how FRETAIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
Stock started its upward journey in Dec,16.
The Stock turned out of be a multibagger giving returns of about 468% in just one year.
However from last one year stock has been trading in a range of 200 points ( 640-440 levels).
Hence , a decisive break is needed to see a trending move in the stock, till then wait and watch.
Future Retail Ltd. engages in the business of retail trading. It focuses on hypermarket, supermarket, and home solutions. The company was founded on February 7, 2007 and is headquartered in Mumbai, India.