#ABB :- Once again, Wave Analysis has proven its worth I shared a bearish idea, and it Fall from 8700 to 6600. Then, I shared Bullish idea, and it Move 6700 to 7900 Till Now. We saw the market act accordingly It's a simple strategy, but it works. a Markets move in waves, and it's important to be able to recognize and anticipate these movements.
#ABB Stock has broken resistance in daily TF.Can see good upmove from here. One can plan for ATH target for short-term.Keep on Radar. Disclaimer:-All views are my personal and only for educational purpose. #StockMarketindia #LetsLearnTogether
Psychological Level: 24.50 (a significant round number) Fibonacci Level: 24.70 (38.2% Fibonacci retracement of the 2022-2023 rally) Trend Line: 24.40 (the lower end of the ascending trend channel) Resistance Levels:
Psychological Level: 27.50 (another significant round number) Fibonacci Level: 28.10 (61.8% Fibonacci retracement of the 2022-2023 rally) T
There is a superb trendline which is not breached. A break below 2642 can bring havoc in this stock. Let's see how the price action will unfold in the coming days.