Stock has been in downtrend for long Right now in the daily double bottom area Also at strong demand zone Volume activity says end of selling spree Expecting sideways to bullish momentum in comin days
A 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...
Has been consolidating over several weeks Rising VOlume on OBV indicates a breakout will happen soon Target @ 3597
📈 ABB India Ltd. 📉 My Findings :- 1. Higher High and Higher Low Formation. 3. Breakout from a Swing High and Support Turned Resistance. 4. Close Above March 2022 High. Bias- Long Target- 2336 and 2410 SL- 2114 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need...
ABB broke out of the supply zone, retested the BO area, and showing bullish confirmation now. Swing traders can watch this with SL below the breakout area.