ABB Breakdown Watch Stock Name: ABB
Entry Point: Considering a short position if the price breaks below today's low, supported by strong open interest (OI).
Stop-Loss (SL): Placed above today's high to control risk effectively.
Target: Near the next key support level or adjusted based on real-time price movement.
Disclaimer:
This analysis is shared purely for educational purposes and is not a recommendation to trade. Please perform your own research and consult a financial advisor before making any investment decisions.
ABB
ABB - Keep An EyeAll points are mentioned on the charts.
In the last session, the stock has shown a bounce back from the multiple support levels as indicated on the above chart.
If momentum continues, may go to 8150/8650.
Above 8800, a breakout of flag pattern will be there.
The setup remains active until the price sustains above 7200.
This illustration is only my view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
ABBABB - wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ABB (ABB Ltd) levels in 1 Day frameABB (ABB Ltd)
Support Levels:
Psychological Level: 24.50 (a significant round
number)
Fibonacci Level: 24.70 (38.2% Fibonacci
retracement of the 2022-2023 rally)
Trend Line: 24.40 (the lower end of the ascending
trend channel)
Resistance Levels:
Psychological Level: 27.50 (another significant
round number)
Fibonacci Level: 28.10 (61.8% Fibonacci
retracement of the 2022-2023 rally)
Trend Line: 27.70 (the upper end of the ascending
trend channel)
Great Shorting opportunity in ABBABB is around the Long Term Resistance
ABB is up almost 1200% in last 4 years !
Which is very extraordinary.
If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance.
Resistance is coming around 9200-9300
Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance.
Right now stock is around 9200-9100 and if stock falls from the highs then we can expect stock to come around 7200-7300
Thank you !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Abb India - Breakout Setup, Move is ON...#ABB trading above Resistance of 7309
Next Resistance is at 9169
Support is at 5888
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Abb India - Breakout Setup, Move is ON...#ABB trading above Resistance of 5888
Next Resistance is at 7309
Support is at 4750
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ABB | Swing Trade📊 DETAILS
Sector: Electric Equipment
Mkt Cap: 104,267 cr
ABB India Limited is an integrated power equipment manufacturer supplying the complete range of engineering, products, solutions and services in areas of Automation and Power technology.
TTM PE : 86.26 (Average PE)
Sector PE : 81.39
Beta : 0.81
📚 INSIGHTS
MC Insights PRO
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
1.07% away from 52 week high
Outperformer - ABB India up by 3.62% v/s NIFTY 50 up by 2.9% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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ABB BreakoutA Bullish Flag & Pole breakout pattern is visible on the daily chart of NSE:ABB
after consolidation of around a month.
On daily, weekly and monthly charts the MACD has already given a positive crossover. So, expecting the momentum to continue.
All the Levels with proper stoploss mentioned on the chart are for educational purpose. Consult your financial advisor before making any investment decision.
ABB Head and Shoulder with breakdownHead and Shoulder #HnS with breakdown has formed in #ABB
A clear left shoulder, Head and and right shoulder is formed.
break down came in this week below the neckline and the pattern has completed.
Let's see if the pattern can show it's effect in coming weeks.
PS: This is only for educational purpose
Abb India - Long Setup, Move is ON...#ABB trading above Resistance of 4750
Next Resistance is at 5888
Support is at 3782
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Abb India - Long Setup, Move is ON...#ABB trading above Resistance of 3782
Next Resistance is at 4750
Support is at 3138
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Resistance 1/Target 1 achieved in Abb India. Resistance 2 is ON.This is follow-up on Abb India. Can also check link to related ideas.
Resistance 1/Target 1 achieved. Resistance 2/Target 2 is ON as it is trading above resistance line of 2939. Has moved more than 44% since breakout at 2120.
Here is previous chart.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ABB - Downtrend Possibility The stock is in bullish mode for the last five sessions and ran more than 300 points.
If reverses from cmp or after reaching 3500, may go in a downtrend.
The downward targets maybe 3230/2950/2800.
All levels and points are marked on the charts.
If sustains above 3500, the setup fails.
Only for learning and sharing purposes, not any kind of trading advice in any form.
Anytime we must not feel stuck in a trade. Step out from the trade
as it hits our risk management.
All the best.