Aditya Birla Fashion Retail Limited Looks Bullish for Short Term on Daily and 4-Hourly Charts. I am Buying Stock at Current Prices @ 289 with Stoploss placed below 269 (50% Fibonacci Retrenchment Level) Targets Expected are 320/340 in the next 7-10 Trading sessions.
Reasons To Buy ABFRL: # Stock is able to sustain above Resistance of 283.50 # Volumes on the breakout is High. # Stock managed to Close above 61.8% Fibonacci Levels. # Options Data Suggest Bullishness in the Stock
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Booking Part Profit in ABFRL around Current Price @ 305 and Trailing SL to Cost 289 For 50% Qty
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