ABFRL ABFRL at DP if it breaks the trend line and slides below 320 levels i.e. 23.6% retracement from recent highs.
Tehcnical View - Potentially bearish
Disclaimer - Iam not a SEBI registered Investment Advisor. The above set-up is purely based on simple indicators and chart review. Pls consult your financial advisor before making any investment decision.
ABFRL trade ideas
ABFRL( Aditya Birla Fashion & Retail Ltd.)
ABFRL is forming a good pattern, there is a good accumulation happening at current levels.
ABFRL is Bearish Cup And Handle Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Retail Trade
Industry: Apparel/Footwear Retail
ABFRL - 20% ROIAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.