ABFRL Looking Strong at Current LevelABFRL is respecting this trendline, everytime it touches this trendline and give good upside move so expecting this time also to give upside move.
ABFRL trade ideas
Trend Reversal - ABFRL📊 Script: ABFRL
📊 Sector: Retail
📊 Industry: Textiles - Products
Key highlights: 💡⚡
📈 Script has taken support near 224 level. We may see trend reversal from here.
📈 Upside we can see 245 , 250 level with support of 224 level.
⏱️ C.M.P 📑💰- 228
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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stock following channel (wait for retest)stock following channel (wait for retest). If market stays positive it can be pulled back to upper trendline.
Purely for educational purpose.
sell if it breaks lower trendline
Aditya birla fashion -- Bullish -- CE350Very bullish chart
Buy Now at market price
Option traders and equity trader hold is key
Equity trader hold till 1 year 2x return
Option trader take CE call as strike price you want market go upside and very bullish
Target 1st 350 in short long term
Target 2nd All time high 1000rs in 2 years
For more chart analysis comments me in this post
Aditya Birla fashion bullish if closes above 250Channel Breakout if it closes above 250. Can be a Breakout if it sustains above channel
ABFRL Possible Solid Very Strong Resistance Break-OutABFRL Very strong for upcoming days If sustain Above 251 possible next target 265-284-308-329-358 stoploss below 217
ABFRL INCHING TOWARDS 248 HERE WE GO
The stock is basically less volatile stock and slightly improving as shown in the channel.
so the channel HIGH neckline is 248 its a small target
as i can see continues buying by FII
MAY BE IN FUTURE THE STOCK PRICE SPIKE ALSO CAN OCCUR AFTER CHANNEL BREAKOUT
ABFRL- Swing Trade PlanABFRL-Trade Plan
Market Structure has changed (Rising 30 Weekly SMA)
Instrument is trading in a channel from May 23.
When Price starts sustaining above Sell Side VWAP, I am Little bit Confident to add to my position.
Keep SL with this Channel, if it breaks may form Bear Flag.
ABFRL SWING TradeABFRL has formed Ascending triangle chart pattern and given a breakout today and closed above 200DEMA on daily, good volumes can be seen, looking good to buy above 242 for target of 265 & 320, SL can be kept below 200DEMA & swing low of 223.
Volume Building - ABFRLPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Observing the volume buildup, I am sensing an upward move in this stock.. But as there were immediate resistances, once can plan to take fresh positions only after 2nd resistances..
For the one who already hold this position, this is a positive sign to expect upward move.
ABFRL looking good for upswingFor all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
ABFRLStock has shown good correction and stong bounce back from 190 levels.
Stock has bottomed out and can head towards its round bottom completion towards a target of 265-300.
Stock is about to break its 200 dema upside.
#ABFRL... Looking good for 21.07.23 #ABFRL...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
ABFRL Buy above Rs. 225ABFRL Buy on Closing basis only, the price has reversed from the demand zone with rising volume.
Please give a boost if you like the analysis and follow for more. Any suggestions or advice is humbly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
ABFRL DAILY CHARTABFRL on its daily chart is oversold & @ 3.61 extension possible bottom is in place.
So qualifies for a contra BUY.
Only an observation & not suggestion
ABFRL_14.07.2023Fast towards 226. Big breakout/breakdown expected at 226. Keep an eye. For educational purpose only.
#ABFRL. 11/07/23#ABFRL...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
ABFRL ViewsThis script recently is indicating the formation of value area based on price volume patterns.
It will be worth watching it for study purpose.
ABFRL - Bullish Momentum with VolumesNSE: ABFRL is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
ABFRL POSSIBLE WAVE COUNTS - ADITYA BIRLA FASHION AND RETAILHello Friends,
Today I am sharing my view on Aditya Birla Fashion And Retail Limited.
ABFRL is now ready for new long positions as per Elliot Wave structure.
It is suppose to complete WAVE ABC as Expanded Flat Correction which usually comes in 3-3-5 waves.
Now price is in 5th wave of corrective wave ABC which any time get reversal from downtrend to uptrend.
MACD showing strength as price is making lower low but macd makiing higher low
similar Scenario with RSI
confirmation of reversal
One can make new long positions in ABFRL after the breakout of wedge pattern.
Disclaimer
I am not SEBI registered analyst.
all the studies are for educational purposes.
I am not responsible for any kind of your profits and losses.
