ABB INDIA LTD NSE:​ABB

Classic double top formation. Target 1000.

....Levels mentioned in chart

>>IDEA MENTIONED IN CHART<<

abb

Idea described in charts...

Entry Above 1360 Target 1382, 1387 SL 1340

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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

A chart pattern showcasing the descending triangle breakout formation may do so in a few days. Keep Watching for the updates.

watch

Everything Explained on the chart.

ABB retesting support here.. If this holds it can go back to prev highs arnd 1700 and a close abv that horizontal TL at 1700 will take it to the moon :))

Brake of level 1385 and retest I will be looking to go short ,

ABB entered strong uptrend based on Weekly Aroon Strategy .