ABB looks bearish on many parameters, including MACD and price. Key levels to watch out- 4730, 4600, 4400 4600 PE CMP = 101.85 I believe the momentum can be quick hence option buying for this trade looks suitable for me. This is not financial advice to go short in the above-mentioned stock. This is just a view of the stock that was on my watchlist.
Breakout on the relative strength chart. Risk to Reward is favorable. The sector is also outperforming nifty. Stock is in the demand zone. RRG also shows that the stock is in the leading zone. Avg Devilvery volume. FTS score is declining.
ABB has failed to move ahead from the top and its made a double top pattern. high chances is going to drop back to a support level
Key Metrics: Market Cap: ₹103,238 Cr CMP: ₹4871.85 PE Ratio: 85.41 Dividend Yield: 0.11 52 Week High: ₹4990.05 52 Week Low: ₹2752.05 Technical Observations (45 Min Chart): RSI signals bearish divergence. Possible break below support in the channel pattern. MACD signal moves below its signal line. Disclaimer: This analysis is for informational purposes only and...
ABB india can hold this levels or it might give a breakout after giving a slight retracement from the resistance level and the 200ema can be acted as the support so becarefull before taking any decision on taking the entry. Disclaimer: The content provided in this chart is for Educational purposes only and should not be considered as financial advice. I am not a...
As per flag pattern formation, a decisive BO above 4390 might show momentum for levels of upto 5500 - 5525 I say patience...till BO level is taken out. Strict SL below 4550 --- --- --- “Frankly, I don’t see markets; I see risks, rewards, and money.” - Larry Hite
ABB India is making a flag and pole breakout. We can see stock moving towards 5500 on breakout of 4930 towards 5500. Other factors: 1. RSI is above 60 2. Buying volume is high 3. MACD should become positive once we see breakout Strategy is to get in the trade on breakout. "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
No fancy indicator just crossing a simple horizontal line with volume and good to go.....
Stage on stage breakout in ABB India Ltd. Trending structure continuing.
#ABB trading above Resistance of 3782 Next Resistance is at 4750 Support is at 3138 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
Inverted head & shoulder breakout with high volume in ABB India Ltd
Abb- bhi breakout LH forming with inside candle and Weekly Gap up as well
ABB Cmp 3958 dated 26-10-2023 1. Price reversed from support line 2. RSI divergence Buy above 3970 target 4000-4025-4050-4090 SL 3895 It is just a view, please trade at your own risk.
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Broadning Pattern 📌 Symbol/Asset: ABB 🔍 Description: Stock has given reversal from medium term support and now making broadning pattern. We can see momentum after breakout. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the...
ABB CMP 4068 DATED 5-10-2023 1. Reversed from support 2. RSI Divergence Buy above 4080 target 4105-4155-4200-4250-4300 SL 3990 It is just a view, please trade at your own risk.
This just for educational purpose Showing inverted head and shoulders. if broken the baseline we can see the new levels
NSE:ABB Looking for shorting opportunity in NSE:ABB If get a weekly close below 4135, can see downside move to 3508-3438 Stop loss should be 4330 Target downside should be 3508-3438 1.For the short side trade to execute ,need a weekly close below 4135 2.Can add positions on retracement to (4187-4190) after an weekly close below 4135
ABB Cmp 4379 dated 15-9-2023 1. Reversed from support Buy above 4385 tgt 4425-4450-4475-4500-4525 SL 4325 It is just a view, please trade at your own risk.