This stock gave a breakdown on 28 Oct 2021 but with lower volume. As a result it tried to go upside but got corrected every time after touching the line that was previously the support line which now became the resistance line. As a result it has more downside. Stop loss will be updated over here shortly. Minimum target of 19700. If it goes below that the target would be around 19500.
ABBOTINDIA
ABBOTINDIA
Comment:
It is moving downside but the downward momentum isn't looking good enough. Position is in profit but hold carefully.
Trade closed manually
Comment:
Closed the trade because it's in profit and also the downward momentum isn't good enough. Small profit is better than hitting stop loss.......
Comment:
It may further go down but again the momentum isn't good.