ABBOTINDIA | Support zone & 200 EMA breakdown 🎯⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕
--Short Below = 14348 or CMP
--Target = 13450 | 12535
--Stop-loss = 15114.85
--R:R =2.37
--Expected Profit = (12.63% )
--Expected Holding = 15 days to 1 months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Support & 200 EMA breakdown
2) Volume is good enough
3) Targets is based on the support zones
4) Downward trend line is mentioned on the chart
5) After breakdown stock consolidated & again breakdown
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ABBOTINDIA
ABBOTINDIA TRIANGLE 30MABBOTINDIA in 30min is showing triangle pattern. Now I know all the people watching these ideas are retailers and won't find it sensible to invest this big amount in one share. If you trade regularly, you can add ABBOTINDIA on your watchlist and keep an eye on it's movement. You can capture the breakout in intraday as you will get some leverage there and can get some great profit. You can enter the trade after price crosses the high of the breakout candle. Remember to keep your SL even when you are 100% sure about any trade. Risk management is the key to success in stock market. Happy Trading!
ABBOTINDIA Daily Analysis 30 March 2020Unusual VOL Activity Observed.
Stock recovered
Appears to have no effect of COVID19
Need further analysis
trendlyne.com
www1.nseindia.com
www.bseindia.com
Abbott Labs Unveils COVID-19 "Gamechanger": Portable Test Can Detect Virus In Under 5 Minutes -- IT IS A MAJOR BREAKTHROUGH. Congratulations to Abbott Labs. But remeber that not the treatment!!
Health-care shares were among the biggest gainers as Abbott Laboratories surged after unveiling a five-minute coronavirus test and Johnson & Johnson announced a vaccine candidate for the virus.