ABFRL Near Resistance – Awaiting Bullish Breakout!➡️ Awaiting breakout above ₹353.95
➡️ Strong ascending trend line support in place
➡️ Strong Volume
➡️ Next targets: ₹380 on upside
ABFRL
ABFRLADITYA BIRLA FASHION has 2 years resistance level breakout with good consolidation and this stock upto 45% upside TGT and this is just for educational purpose only
Aditya Birla Fashion Nearing Bullish Breakout Zone!
➡️ Bullish breakout above ₹326, with next resistance at ₹349.15
ABFRL Bullish FlagBullish Flag Pattern in ABFRL
The daily chart of ABFRL is showing a Bullish Flag pattern, which is a continuation pattern that suggests the stock is likely to continue its uptrend. The pattern is characterized by a sharp rise in price (the flagpole) followed by a consolidation phase (the flag) where the price trades within a narrow range.
READY FOR ROUNDING BOTTOM BRRAKOUT...NSE:ABFRL trade at 325 level. Stock chart shows that its make a Rounding Bottom pattern on weekly time frame and ready for give a breakout. So You can watch for an Upside Move at 400-450 level...
ABFRL Aditya Birla Fashion upside target 330, 350Aditya Birla Fashion's stock can see a good uptrend, the stock can see targets of up to 330, 350 in a short period. The stock also saw an increase of about two and a half percent in today's session. A bullish engulfing in stock
The candlestick pattern has been seen with the stock closing with a bullish hammer candle on the one-hour chart, the stock gap may open in tomorrow's session. Also, the number of buyers in the stock today was 10 times that of the seller, indicating a gap up for tomorrow. Please take the help of your financial advisor before making any investment. We only present trending stocks with bullish or bearish reasons.
ABFRL - Simple Greedy SetupThe chart itself is self-explanatory. The price is at the bottom of the rising wedge pattern. Here applies the simple rule of risk-reward ratio.
Targets may be 245/275 around. if sustains below 214, will go weak on the charts.
This is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
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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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 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 - 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.
Aditya Birla Fashion & Retail Ltd - 13.04.2023Aditya Birla Fashion & Retail Ltd - 13.04.2023
The stock price is above EMA in Daily Chart.
There is a MACD Bullish Divergence in Weekly Chart.
There is a Stochastic Bullish Divergence in Weekly Chart.
The stock can be considered for further upside movement with SUPPORT @ 218
A probable trend reversal candidate.
Watch out for the price action.
DISCLAIMER: This is not a Stock Recommendation.
ABFRL AT CIP LEVEL +DEMAND ZONE !!Hello to everyone
The price trading near weekly demand zone . A significant decline has been seen in the price and the price is now trading near the demand zone . so the price can takes rest from the decline and can move upwards from the support zone .
If the price respects the support zone and if any bullish candle or formation is formed then we can build our position to the upside.
#ABFRL
👉Do Or Die level
👉Support seen at 222-220
👉Reversal sign
👉If holds then its can move for 260/280/300
👉Add to your watchlist
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
ABFRLHello, my dear friends and fellow traders. What we are going to look at today is the ABFRL stock.
This analysis is based on weekly chart. This stock gains support level and breaks the previous resistance level and makes all-time high. There are opportunities to go upside because this support level has been carried the price once again to all-time high
Thanks & regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
ABFRL : Breakout Canddidate#ABFRL very close to a range Breakout
Stock gaining Strength & Volumes building up.
Another Wedding/Festive & Holiday Season Theme Stock
Take 5-10% & Keep Trailling
Keep Sharing, loving & following for more Learning.
Happy Trading !!!
ABFRL LONG TRADE (INTRADAY DEC 15)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ABFRL
Daily : Stock is in uptrend.
15 min : It has broken pennant and has currently made falling wedge.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
Positional Buy on ABFRLBest buy level of NSE:ABFRL is 308 with Stop loss of 298. We can expect targets of 314, 322 & 328 within 2-3 weeks.
Note: This is my personal analysis, only for learning. Thanks.
ABFRL LONG (INTRADAY NOV 28)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ABFRL
Daily : Stock is in uptrend.
15 min : It has currently made falling wedge pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
Short term Buy ABFRLEntry for buy triggered above the resistance level
Buy/Entry - 289
SL - 249
Target - 342
ABFRLabfrl the most awaited breakdown i would love to short on retest and also will be confident on pattern what are your views
#raymond #abfrl #nykaa #arvind #kprmill #kitex #pageind #trident#Raymond
NSE:RAYMOND
NSE:RAYMOND
RAYMOND
CMP: 780
Entry 770
Target 980
SL 700
RR > 3
TF < 6 months
Return ~ 30%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
