AbhishekHSinghCMT
Short

ABB- Let ABB play the game of W=Y

NSE:ABB   ABB INDIA LTD
64 0 4
From the top of 1522- ABB             is in corrective structure. This structure could complete in the zone 845-865 to finish 2?-yellow wave which will retrace 61.8%- an ideal retracements for 2nd Wave & can confluence with equality distance of Y-Wave.

Trading Strategy-1: With Strict Stoploss above 1325. One can look to sell for target zone 920-935 zone first- shall monitor in coming days.

Trading Strategy-2: Going Above 1435- shall open ways for ABB             on upside. So, unless ABB             moves above 1435- Strategy-2 will not be activated.

Regards,
Abhishek             H.Singh,CMT
Trade active: 15:30 Hrs-IST-22nd Aug2016..Have You Started Playing the Game With ABB---W=Y..Its almost 20-25 bucks down. Regards, Abhishek
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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