ABB - Keep An Eye
Updated
All points are mentioned on the charts.
In the last session, the stock has shown a bounce back from the multiple support levels as indicated on the above chart.
If momentum continues, may go to 8150/8650.
Above 8800, a breakout of flag pattern will be there.
The setup remains active until the price sustains above 7200.
This illustration is only my view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
In the last session, the stock has shown a bounce back from the multiple support levels as indicated on the above chart.
If momentum continues, may go to 8150/8650.
Above 8800, a breakout of flag pattern will be there.
The setup remains active until the price sustains above 7200.
This illustration is only my view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
Note
05.11.24
At crucial levels. CMP 7150
Keep on watch if the day closing comes above 7200 today or tomorrow.
Trade active
The stock shows a bounceback. CMP 7255. Let's see if it sustains above 7200 levels.Trade closed: stop reached
Setup failed.
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