On weekly time frame, sellers are trapped badly in Abbott India which can fuel a good potential up move. Also it has recently grabbed liquidity from previous week low so if Nifty holds above 23000 then there are high chances of Abbott to reach T1 and T2 which will be a 1:5 RR trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.