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ADITYA BIRLA FASHION : BEARISH

Short
ADITYA BIRLA FASH (NSE:ABFRL)  
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NSE:ABFRL   ADITYA BIRLA FASH
Trend Analysis Trend Lines Double Top or Bottom abfrltradesetup abfrlanalysis stockmarketanalysis stocktrading stocktowatch Technical Analysis chartpatterntrading
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trendanalysis trendline doubletoporbottom abfrltradesetup abfrlanalysis stockmarketanalysis stocktrading stocktowatch technicalanalysis chartpatterntrading
Take it as Double top or a Head and shoulder, the stock has broken the neckline and is re-testing the same near 256-260 zone. One should go short on the current levels and look for the target area of 200-197 in the coming weeks. Maintain SL of 280
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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