The chart setup clearly shows that the stock is near the breakout level. If fails to do so, may come down around 2940/2840.
keep an eye.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
ABB Cmp 2832 dated 2-2-2023
1. Triangle formation
2.RSI Divergence
Buy @ Cmp for target 2865-2900-2950-3000-3050
SL 2750
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for...
All levels are mentioned on the charts if stock sustains above 2900, it may go up to 3050/3080. After crossing 3090 further upward move may come.
Only for learning and sharing purposes, not a bit of trading advice.
Always keep your loss management in your control.
All the best.
ABB is seen in a downtrend on daily charts. The downward trending channel seems strong as it has been active since August 2022 and has also been tested many times. ABB can be shorted at around 2933 level to monthly support level of 2693.
ABBI India Ltd., which is trading inside the parallel channel, is now making a morning star pattern on the support trend line, and there is 200 EMA support on the day chart. Looking at all this, we can expect a bullish trend in the stock.
All levels are mentioned on the charts,
The most important thing in this setup is Risk -Reward ratio,
One should exit if the stock price strikes your risk management anytime,
Or on a daily closing basis.
Only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
ABB Ltd 2862 DATED 1912-2022 TIME 12.02
LIVE MKT TRADE
1. TAKING SUPPORT @ THE IMPORTANT SUPPORT
LINE.
2. RSI Reversal
3.GOOD RRR
BUY ABB CMP 2867 TARGET 2900-2930-2960-
3000 SL 2820
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above...
ABB India Limited is an integrated power equipment manufacturer supplying the complete range of engineering, products, solutions and services in areas of Automation and Power technology.
ABB India has had a breakdown in its charts. After being a wonderful performing stock in a very weak market last year, the stock might enter its fresh phase of correction, it is...
ABB was forming a flag and pole pattern but there is a down side break in the support,
so we can expect a fall in the price , giving us an opportunity for shorting
ABB is looking to give good trendline breakout at 3290 levels.
It has to give HRLY candle close above 3290-3300 levels.
Target: 3630 + levels
SL: HRly close below 3240
View: 1-3 wks
r: R is 1: 2
Rest as per Charts
Note -
One of the best forms of Price Action is not trying to predict. Instead of that, ACT on the price. So, this chart tells "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my...
ABB
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing bullish flag Pattern.
📊Strong Bullish Candlestick Form on this timeframe.
📊It can give movement upto Reversal target of 3215-.
📊Can Go Long in this stock by placing stop loss below 2900 or last swing low.
![ABB: [ Positional ] ABB Long Bet](https://s3.tradingview.com/h/hg39T5xC_mid.png "[ Positional ] ABB Long Bet")
