ABBOTINDIA trade ideas
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!
LONG-TERM TRADE ON ABOTT INDIAABBOTT india again having support around it last correction support and showing sign of reversal again from the same support and hold itself above the 200ema.
Abbott india having strong support at 14800 to 15200 which is 200ema on daily chart.
BUY ABBOTT for long-term target of 20000.
ABBOTINDIA Long
Price was restrained on the thin red line and possible signs of reversal can be seen. Al information on the chart. Long on retracement only. Long term potential for this trade is humongous.
NSE: ABBOTINDIA LONG1. The Stock is taking support from its year long support line.
2. Long can be initiated with a SL below the support line.
#ABBOTINDIA WEEKLY CHART VIEW!!#ABBOTINDIA WEEKLY CHART VIEW!!
Abbott India Ltd.
As per weekly chart price consolidating with negative conviction in higher side of the flag pattern.
Breakout with sustainable trading above 17100 - 17350 may add strength to achieve 18000 and onward points.
Technically 1600 - 16200 zone should consider as immediate short term support, breakdown can again test 15540 on the down side.
Abbot LongPrice action suggests that Abbot is near support area, longs can be initiated around CMP with SL as 15100.
Disclaimer: Ideas for educational purpose.
ABBOTINDIA TAKING SUPPORT AT WEEKLY TRENDLINE. ABBBOTINDIA TAKING SUPPORT AT WEEKLY TRENDLINE ONE OF A SAFEST WAY FOR BUYING.
ABBOTINDIA Watch the thick red lineLong in the zone around the red line using the LTF. Observe the reaction of price around the line. Absolute SL as marked. Take care Y'all!
Abbott India Ltd. - WEEKLY CHART VIEW!!Abbott India Ltd.
As per weekly chart price consolidating with in flag pattern .
Sell off from weekly high halted the up move possibility.
Breakout with sustainable trading above 17350 may gain strength to achieve 18000 and onward points.
16230 - 15720 should act as immediate support.
THIS IS MY GENERAL VIEW OF THE SCRIPT. FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP.
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Buy 15600-16000 abbott was one of the first few stocks to scale new highs after pandemic crash however it couldn't gain further, mostly because abbott has gone up more than 200% is the past 2 years, it's extended. notice how the stock is slowing trickling downwards with the volume mostly staying below the 50 day average vol line, constructive set up. now that the stock has reclaimed 50dma and it the price holds, i will go long between 15600-16000 levels
Abbott India - Fibonacci ReversalNSE:ABBOTINDIA has retraced 61.8% of its rally. The stock gave a #Doji reversal confirmation 2 sessions back and moved to confirm the reversal of the downtrend. Currently the stock has moved up to its resistance level and and same can be seen from falling bullish volume.
Tomorrow will be important to watch to see if it breaks the resistance or not?
We expect the stock to move a little lower (retrace about 50% of the current reversal move) and then increase to move towards 18000 levels. (As shown by arrows). There’s however more upside according to RSI and Relative Strength Analysis.
Abbott India - At Support LevelsKeep an eye on Abbott India. Buy can be initiated if trend line is respected.
hammering the bottom ?reversing from last support...respecting weekly Kijun...DMI + kissing DMI -...probably to take off again
