ABBOTT INDIA LTDLong
Mid Term Pick - Abbott India Limited
Observations -
1. Abbott India Limited has good fundamentals, and almost no dip in March COVID-19 low zone.
2. The share looks like in accumulation since last 7-8 months.
3. On break of the trading range with good volume, we can expect a 30-40% move.
I have started accumulating the share before breakout of the range expecting a breakout in next 15-20 days.
Note: Material shared for educational views only, Assess your risk before entering financial positions. I intend to hold this investment for 1-2 years going ahead, request reader to check their time horizon at their comfort.
If you profit from my material, request you to donate 1% of your profits towards education of poor children.
1. Abbott India Limited has good fundamentals, and almost no dip in March COVID-19 low zone.
2. The share looks like in accumulation since last 7-8 months.
3. On break of the trading range with good volume, we can expect a 30-40% move.
I have started accumulating the share before breakout of the range expecting a breakout in next 15-20 days.
Note: Material shared for educational views only, Assess your risk before entering financial positions. I intend to hold this investment for 1-2 years going ahead, request reader to check their time horizon at their comfort.
If you profit from my material, request you to donate 1% of your profits towards education of poor children.
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