ABB India is an interesting chart with following
1. A text book kind Bullish BAT pattern on weekly chart
2. Price gained 20 and 50 DMA on daily time frame
3. Price forming double bottom on daily chart
4. Price took support near 50 Month EMA and bounced back forming doji on monthly chart
Can be a candidate to keep on watch for retracement on recovery
Lets see how it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
1. A text book kind Bullish BAT pattern on weekly chart
2. Price gained 20 and 50 DMA on daily time frame
3. Price forming double bottom on daily chart
4. Price took support near 50 Month EMA and bounced back forming doji on monthly chart
Can be a candidate to keep on watch for retracement on recovery
Lets see how it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.