Bearish Bat pattern on 4H Chart of ABB. SELL 1615-1616, SL 1630.15, Target(s) - 1600, 1595.
Bullish Shark pattern on 2H Chart of ABB. BUY 1492-1493, SL 1477.9, Target(s) - 1507, 1513. I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
As per my wave analysis, i believe a short term SELL is coming soon..
EXPECTING FOR AN UP MOVE WHEATHER IF IT IS IN PROFIT OR LOSS REFER CHART FOR DETAILS
As indicated earlier, time to buy this stock. Details are on the chart. If you like my analysis, please click on the 'Like' button. Thanks.
Forecast as per wave analysis, fib and MTF. On BO of the high, one can possibly look for a good BUY opportunity with very good RR. This is not any recommendation, purely my opinion only.
#Decending triangle ABB can be bought after breakout safe players can buy if gives closing above 1290
ABB INDIA LTD NSE: : ABB Long & Short Calls 1,2 week levels to watch out : Buy Above : 1260 Target : 1270, 1276 Sell below : 1240 Cover : 1233 Short term target : 1300
Long Term Trendline Resistance Breakout