ReviveTraders

ABBOTINDIA | Rally Base Rally Demand zone 🎯

NSE:ABBOTINDIA   ABBOTT INDIA LTD
⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕

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Technical Reasons to trade or Strategy applied :-

1) After a Major uptrend , Stock is retracing at 0.618 Fib level
2) it Has Rally base rally Demand Zone as well if Holds then expect upside movement for 1:2 RR minimum but if breaks down then it can move to take Trendline Support
3) Volume is increasing as well
4) Trading above 200Ema


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