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QuackStocks
May 22, 2022 7:14 AM

breakout and retest  Long

ABBOTT INDIA LTDNSE

Description

AbbottIndia has broken upward from a triangle pattern and price is current at retest zone of previous resistance and falling trendline.
a 1:3.6 RR trade can be initiated
entry 17950- 910 ( flip reaction level)
target 19428 ( nearest supply zone)
sl 14478 ( close below the falling trendline)

key levels
17253 ema 21
19000 psychological and option barrier level
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