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EXPECTING FOR AN UP MOVE
WHEATHER IF IT IS IN PROFIT OR LOSS
REFER CHART FOR DETAILS
As per my wave analysis, i believe a short term SELL is coming soon..
As indicated earlier, time to buy this stock.
Details are on the chart.
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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.
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
Classic double top formation. Target 1000.
....Levels mentioned in chart
>>IDEA MENTIONED IN CHART<<
Idea described in charts...
Entry Above 1360
Target 1382, 1387
Looks good above 1375.
Long Term Trendline Resistance Breakout
ENTRY PRICE : CLOSING ABOVE 1239
STOPLOSS : CLOSING BELOW 1120
MINIMUM TARGET PRICE :
1) 1384 Starting Point of the Downward Slopping Trendline.
2) 1453 Hight of the Pattern.
Risk to Reward : 1 : 1.8
One Can look for Going long above Friday High with stop 1% for short range target