TradingView
ReviveTraders
Jan 31, 2021 7:32 AM

ABBOTINDIA | Support zone & 200 EMA breakdown 🎯 Short

ABBOTT INDIA LTDNSE

Description

â‹…
â­• Swing Trading opportunity ! Daily Chart Alert !!!â­•

--Short Below = 14348 or CMP
--Target = 13450 | 12535
--Stop-loss = 15114.85
--R:R =2.37
--Expected Profit = (12.63% )
--Expected Holding = 15 days to 1 months only

#ThankU For Checking Out Our Content , We Hope U Liked IT đź“Ś

======================================================
â­•Technical Reasons to trade or Strategy applied :- â­•

1) Support & 200 EMA breakdown
2) Volume is good enough
3) Targets is based on the support zones
4) Downward trend line is mentioned on the chart
5) After breakdown stock consolidated & again breakdown

Guys check out the related ideas as well, it will work really well GUARANTEED !

🙏FOLLOW for more !
đź‘ŤLIKE if think is useful !
✍COMMENT Below your view !

Comment

â‹…
Above study is just for educational purpose . Don't take any trades

Order cancelled

â‹…
Comments
Yogesh_jain
â‹…
but it is not traded in f&o so we cannot short sell.
ReviveTraders
â‹…
@Yogesh_jain, yeah that's I forgot to mention...... So did in the update section
cvemannagari
â‹…
For past 60 days this stock continuosly falling with out a single green candle which reflects dumping of this stock by institutional investors. Daily morning you can short and cover it up by afternoon 3 O clock to book profit. This is best realible stock for short on daily basis. I mean one can blindly short 100 stocks with margin requirement of 85,000 and cover it by 3 O clock to earn not less than Rs10,000 on daily basis
ReviveTraders
â‹…
@cvemannagari, perfect sir ......you are somehow correct but as there are no F&O contract of this stock so others traders are finding it bit difficult to trade so i posted it as a educational purpose & yeah lets see what happens next , cause i think it will achieve the given targets soon
Parasuram
â‹…
how can you sell cash scrip and hold for 15 days?
ReviveTraders
â‹…
@Parasuram, take this post as educational purpose
More