anandlive

ABFRL - Simple Greedy Setup

Long
anandlive Updated   
NSE:ABFRL   ADITYA BIRLA FASH
The chart itself is self-explanatory. The price is at the bottom of the rising wedge pattern. Here applies the simple rule of risk-reward ratio.
Targets may be 245/275 around. if sustains below 214, will go weak on the charts.
This is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Comment:
Today gaining strength with big volumes. Crossed 234.
Trade closed: stop reached
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