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Technicals for Aditya Birla Fashion and Retail Limited
By MusingTheNews
2025-06-13 20:21
Overall Technical outlook
Price Summary
Aditya Birla Fashion and Retail Limited's shares slid -2.97% today, reflecting a unimpressive day on the market. On 2025-06-12, Aditya Birla Fashion and Retail Limited's stock began at 77.5, peaked at 77.59, bottomed at 74.8, and closed -2.97% lower at 75.2, with a volume of 8662924 shares. The stock reached its highest price of 352.35 and its lowest price of 75.2 during the 52-week period. ABFRL's future price is expected to lie between 80.0 and 298.0, with an average expectation of 110.18182, as per the recommendations of 11 analysts.
Technicals
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Aditya Birla Fashion and Retail Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ABFRL, with no strong trend emerging. Bolinger Bands chart for Aditya Birla Fashion and Retail Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Aditya Birla Fashion and Retail Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while remaining below 20, indicating a possible bullish move. This pattern is often viewed as a signal that the market might start to rise from a low point, potentially leading to gains. Investors might see this as a favorable entry opportunity. Stochastic chart for Aditya Birla Fashion and Retail Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction. Tripple SMA chart for Aditya Birla Fashion and Retail Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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