ABB
ABB Keep an eyeABB Any day if closes above 1751 with good volumes then can do good rally. (THIS IS ATH LEVELS.)
After a good move of nearly 35% it has been consolidating now.
LAST MONTH CANDLE WAS A MONTHLY BREAKOUT AFTER 14 YEARS.
LATEST NEWS IN COMPANY ARE:
///ABB Power Grids will provide public healthcare systems in Bengaluru, Mysuru, and Chennai with an indigenously developed, innovative, portable cold-chain transport device for efficient COVID 19 vaccine delivery, a joint statement said.
///ABB India said that the board on Friday (11 June 2021) has granted in-principle approval for divestment/sale of company's turbocharger and dodge mechanical power transmission businesses.
///ABB commissions digital platform integration for Sunflag Steel to allow better metals plant decision making
DISCLAIMER:
JUST FOR LEARNING PURPOSE, KINDLY DONT BLAME ME FOR ANYTHING.
USE HEAD BEFORE HAND AND MONEY.
NO PATIENCE AND NO STOP LOSS PEOPLE KINDLY IGNORE.
watch for resistance breakoutthis stock is trading near its resistance of 1600
buy if sustain above 1600
For Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.