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Technicals for Aditya Birla Fashion and Retail Limited
By MusingTheNews
2025-08-15 20:21
Overall Technical outlook
Price Summary
On 2025-08-13, ABFRL's stock opened at 74.06, reached a peak of 75.5, dropped to 74.05, and ended 0.84% higher at 74.68, with a volume of 3097948 shares. In the last 52 weeks, the stock's top price was 352.35 and the bottom price was 72.47. Analysts' predictions indicate that ABFRL's future price will be between 58.0 and 103.0, with a mean price expectation of approximately 86.875.
Technicals
Support and Resistance: At 74.68, the price is supported by 73.8 and resisted by 86.75. This indicates that the price for Aditya Birla Fashion and Retail Limited might fluctuate between these levels, with 73.8 acting as a support and 86.75 limiting further upward movement. Support/Resistance for ABFRL
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Aditya Birla Fashion and Retail Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Aditya Birla Fashion and Retail Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for ABFRL. Parabolic Stop and Reverse chart for Aditya Birla Fashion and Retail Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Aditya Birla Fashion and Retail Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for ABFRL, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for Aditya Birla Fashion and Retail Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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