Ascending triangle formation. Near resistance. Break out/down possible.
Far away from Trend line... Should retract.... Let's see...
It seems to be good cup and handl pattern. Good fundamentals and textile story.
Is this a perfect buy. Gap down , sitting on super strong support Rsi is up.
Everyone knows. Excellent fundamental and symmetrical triangle.... Volume ....!!
The stock has closed above 114. An important area or range is 114 to 118 if closes above this level and gives confirmation in next candle will be an good buy for immediate Target of 122 and then 136. Volume is increasing and RSI is also showing increase in strength.
An clear breakout of assending triangle on 1 day chart is visible. With rsi heading upwards. Target 150 sl 127
Aditya birla fashion retail has taken strong support at 130 levels and have moved upside. Consistently breaking resistance and closing above 20 dma. Momentum trade upside till closes below 20dma. Target 164.