Abbott india target 34000
On weekly charts Abbott india is forming flag and pole pattern. Looks strong on technical charts till now.
Stop loss will be lower end of following flag channel on weekly closing basis.
Once the pattern breakout occurs. Following are the targets -
Target 1 - 31500
Target 2 - 32600
Target 3 - 34000
Don't fall in FOMO mode and wait.
Stop loss will be lower end of following flag channel on weekly closing basis.
Once the pattern breakout occurs. Following are the targets -
Target 1 - 31500
Target 2 - 32600
Target 3 - 34000
Don't fall in FOMO mode and wait.
Note
Watch out for breakout. Result out and Rs. 410 dividend declared. Levels given above.Note
Unfortunately still trading in the channel.Note
Breakout on charts on daily basis. Wait for weekly confirmation and then enterTrade active
Confirmed weekly breakoutNote
Crossed 30000 first time and if it sustains we will see a rally in this stock. 52 week high breached twice in 3 weeks. 
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