ABBOTT INDIA LTDLong
AVWAP Study for Abbott India
[29th May, 2020, Friday EOD Analysis]
Bounce from Support with Consolidation BO:
- Stock resting at 50 DEMA but below 20 DEMA
- Volatility compressing ready to BO
- Bias is Long
- Note: The colorful lines in the chart are Anchored VWAPs (from range top candle, new range breakout candle, march bottom candle)
Buy Now for better Risk/Reward or wait to Buy above 17,050
Target @ 17,900 - 18,000 range. May exceed these levels!
Bounce from Support with Consolidation BO:
- Stock resting at 50 DEMA but below 20 DEMA
- Volatility compressing ready to BO
- Bias is Long
- Note: The colorful lines in the chart are Anchored VWAPs (from range top candle, new range breakout candle, march bottom candle)
Buy Now for better Risk/Reward or wait to Buy above 17,050
Target @ 17,900 - 18,000 range. May exceed these levels!
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
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