ADITYA BIRLA FASHION & RT

ABFRL consolidation breakdown to keep on radar

Aditya Birla Fashion and Retail Ltd. another consolidation breakdown to keep on radar

1. Price made false / failed breakout of the consolidation zone earlier
2. Price now made a consolidation breakdown on weekly chart
3. RSI on daily chart below 40
4. Double top visible on charts
5. Cypher Pattern under formation on weekly chart

Lets See How it Evolves.

Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.

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