ABFRL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.3

📊 Technical Overview of Aditya Birla Fashion & Retail Ltd. (ABFRL)

📉 Trend Analysis

Current Price: ₹75.3

50 DMA: ₹79.1

200 DMA: ₹89.8

Trend Status: The stock is in a downtrend, trading below both moving averages with no signs of reversal yet.

📉 Momentum Indicators

RSI (44.6): Slightly below neutral, indicating weak momentum. Not oversold, but lacks bullish strength.

MACD (-1.08): Negative and diverging, confirming bearish momentum.

Volume: 68.3L vs 1-week avg of 62.6L — slightly elevated, possibly due to short-covering or speculative activity.

📊 Bollinger Bands

Price likely near the lower band, consistent with weak MACD and RSI.

Bands may be widening, suggesting increased volatility and continuation of the downtrend.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 79.1 Resistance

200 DMA 89.8 Strong Resistance

Current Price 75.3 Below both DMAs

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 70–72 Near-term support zone

Support 2 65–66 Psychological support

Resistance 1 79–80 50 DMA zone

Resistance 2 89–90 200 DMA zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹70–₹72 (only if RSI improves and MACD flattens)

Exit Zone (Short-Term): ₹79–₹80 (initial resistance), ₹89–₹90 (if reversal confirms)

Stop Loss: ₹65 (below recent support)

📌 Summary

Trend: Downtrend

Momentum: Bearish

Volume: Slightly elevated, but not bullish

Setup: High-risk zone; avoid entry unless reversal signals emerge

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