Looks like the formation of cup and handle pattern in AbbotIndia chart.
Will create a long position once we have breakout and the target will be determined by measuring the distance between the bottom of the cup and the pattern’s breakout level.
As I mentioned earlier, Don't Miss to catch this fish. The stock is currently moving up , after completing CUP n HANDLE Patter and taking support @ 22345.00 . Those who missed this stock earlier, the stock is providing a good opportunity to them again. The stock is at support , and at CMP i.e. 22733 is right time to enter the trade. for primary target of 24717.00...
Abbott India Limited is an India-based company that is engaged in pharmaceuticals business , seems to be out of retracement phase now. It is retesting the Support line and may break the Triangle Pattern formed by Support and Retracement lines. The Chart is supported by two EMAs and RSI is also only 38.85 . Break out will give you targets of 21340.85 , 22395.65 and...
ABBOTINDIA:- Stock has given breakout by forming cup and handle pattern, keep on eye.
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...
ABBOTT India Ltd
Stock corrected from its recent high and took multiple times support from old trendline.
And now at its old ATH resistance levels. And at good levels if breakout happens to enter.
Buy positionally above 18400 levels for min targets of 19100 in short term.
Also Abbott india is portfolio stock to hold for long term also.
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Note:
Above...
📈 ABBOTT 📉
My Findings :-
1. Higher High and Higher Low Formation.
2. Breakout from a Swing High and Support Turned Resistance.
3. Close Above March 2022 High.
Bias- Long
Target- 19513, 20613, 22028 and 23201
SL- 16024
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if...
Abbotindia has seen a good healthy correction in last few days.
Took support on 61.8% fib, looks good moving up from here
RSI above 44 I consider it as bullish
MACD above the signal line.
Just above the 200 MA cluster
Buy above - 18470
Targets mentioned in the chart above.
SL below 200 ma, near 17700.
Please LIKE, COMMENT and SHARE to motivate and support me....
On a good support on daily chart.
Can be on a watchlist for next move on either sides.
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
abbott india- rounding bottom & flag and pole breakout on monthly charts. cmp 20000.
immediate (1-3 mth) tgt of 23500 for rounding bottom pattern.
positional tgt 30000 for f&p pattern
keeps sl of 10% from ur buying levels as stop loss on daily closing basis.
stock good buy and hold purpose. avoid trading
Abbot India - Cmp 15850
Breakout from downward trendline on Daily and Weekly time frame. Good support at 14800. Possible targets 0f 16250/17400/18500 are marked on the chart.
buy above 16405 which is previous day high plus 5 points buffer
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical...
