ABB INDIA LIMITED : FALLING WEDGE
Updated
ENTRY PRICE : CLOSING ABOVE 1239
STOPLOSS : CLOSING BELOW 1120
MINIMUM TARGET PRICE :
1) 1384 Starting Point of the Downward Slopping Trendline.
2) 1453 Hight of the Pattern.
Risk to Reward : 1 : 1.8
STOPLOSS : CLOSING BELOW 1120
MINIMUM TARGET PRICE :
1) 1384 Starting Point of the Downward Slopping Trendline.
2) 1453 Hight of the Pattern.
Risk to Reward : 1 : 1.8
Trade active
Cmp 1240Note
ABB MADE A High Today 1355.Note
ABB 1ST TARGET ACHIEVED. 1384 Starting Point of the Downward Slopping Trendline
1240 to 1384, up by 12.89% in 23 days.
Don't book all profit. Use Trailing stop-loss and Wait for 1453.
Note
ABB, High made today 1445.15 11 Am.18% ROI in 25 days.
1239 to 1453
Target almost reached.
But what next should we book all profit?
or should we ride this strong trend for larger gains?
Trade closed: target reached
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