Stock: ABB Ltd. ( 13 yr long consolidation Breakout happen in Feb'21, same BO been retested.)
CMP: 1740.
Target: 1960 / 2150 / 2300.
Stop loss: 1570(CB)
Stock has seen heavy selling and obviously it wants a pull back .. are indicators turning in favor ? is MACD and RSI heavily oversold ?
Does the uptick for the day can compel stock to move higher towards 1350 at first ?
lets hope for the best..
ABB India with strong fundamentals has recently broken channel at 1477 level and heading for 1600 shown in yellow line immediate target/ resistance. Price is above 8 EMA on daily chart
BSE
