ABB trade ideas
ABB LTD.Stock: ABB Ltd. ( 13 yr long consolidation Breakout happen in Feb'21, same BO been retested.)
CMP: 1740.
Target: 1960 / 2150 / 2300.
Stop loss: 1570(CB)
ABB Keep an eyeABB Any day if closes above 1751 with good volumes then can do good rally. (THIS IS ATH LEVELS.)
After a good move of nearly 35% it has been consolidating now.
LAST MONTH CANDLE WAS A MONTHLY BREAKOUT AFTER 14 YEARS.
LATEST NEWS IN COMPANY ARE:
///ABB Power Grids will provide public healthcare systems in Bengaluru, Mysuru, and Chennai with an indigenously developed, innovative, portable cold-chain transport device for efficient COVID 19 vaccine delivery, a joint statement said.
///ABB India said that the board on Friday (11 June 2021) has granted in-principle approval for divestment/sale of company's turbocharger and dodge mechanical power transmission businesses.
///ABB commissions digital platform integration for Sunflag Steel to allow better metals plant decision making
DISCLAIMER:
JUST FOR LEARNING PURPOSE, KINDLY DONT BLAME ME FOR ANYTHING.
USE HEAD BEFORE HAND AND MONEY.
NO PATIENCE AND NO STOP LOSS PEOPLE KINDLY IGNORE.
ABB LTD- YEARLY BREAKOUTTHERE IS YEARLY BREAKOUT IN ABB LTD.
LEVELS OF BREAKOUT 1420-1430
BUY LEVELS 1380-1410
MORE THAN 20% UPSIDE AFTER BREAKOUT.
THE BREAKOUT IS ON MONTHLY TIMEFRAME.
IT IS VERY STRONG BREAKOUT
ABB indiastock is in a consolidating zone tho it will recover near the 20 sma and continue the trend
ABB - CMP: 1401Stock is struck in the price range. It is getting consolidating. It is likely to break range in the near term. RSI also moved ahead to the positive zone. Closing above 1435 will confirm the same. We can expect price movement till 15701580 after confirmation of a breakout.
watch for resistance breakoutthis stock is trading near its resistance of 1600
buy if sustain above 1600
For Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
ABB LongABB seems to be breaking out from a 10+ years range.. ABB appears to be strong on both Weekly and Monthly charts. One can go long on ABB with SL of 1300/
Multi Year Breakout ABBAfter so many years ABB is ready for breakout generally multiyear break out will double with in few months or in less years
Buy ABB for tmmrw will grow by 4 %Buy ABB will grow by 4%
If you dont believe me check tmmrw ABB's share at the end of the day
ABB on verge of breakout swing tradechart is bullish
indicator show bullishness
different colour show the tgt & sl
ABB Trendline Breakout and retest. Go LongTrendline Breakout with High Volume. Breakout retest with low volume.
Monthly Pivot support. Very Low risk entry at CMP 1391. SL Below 1350 DCB. Tgt1-1500, Tgt2-1600.
R:R- 1:2 and more.
Buy ABBMy idea is for educational purpose.
Trend reversal in ABB can be seen. My guess is that it will cross 1400 & up move will start.
Buy 1380 more till 1360, for short term gain of 10-20%.
