It broke out of a triangle pattern in Dec 2022 and bounced from its long term trendline. It is moving along a 9 year old trendline. Stocks like SUNPHARMA, ZYDUSLIFE and CIPLA are technically showing the same trend. Hence it is important to study the whole sector now.
Abbot India looks good on weekly chart by breaking a falling trendline resistance and gives a clean breakout (Triangle Breakout) on above that trendline with good volumes gives a breakout of Bollinger band indicator too so we can see bullish trend will continue in it for the target of 23988. CAUSE OF LONG-: 1- Falling trendline breakout 2- Bollinger band...
Abbott India forming a rounding bottom more than year and looks for new high once it breaks the current high.
ABBOTINDIA:- Stock has given breakout by forming cup and handle pattern, keep on eye. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
📊On 1D Time Frame Stock Showing Breakdown of Bearish flag Pattern . 📊It can give movement down to the Breakdown target of below 17233 📊Can Go Short in this stock by placing a stop loss below 20236 📊 breakdown this can give risk:reward upto 1:5+
Abbott India which was trading in the triangle formation has broken out with upper side momentum. One can go long on this stock with target of 23800 in coming months
Abbott trading in a closed triangle pattern on Monthly and weekly charts. It can breakout on either side. At the lower level of the triangle there is a volume coming in indicating strength currently. Formed hammer on last monthly chart candle. If it follows then target of 26000 can be seen. Stop loss will be base price of triangle pattern. Note: On closing basis...
Three is traingle breakout in longer time frame and breakout from dow pattern as well.
tapped demand zone ,now time to long target is mentioned in the charts
Levels given of 1 Year high and low, if levels are broken on either side then i can give a good trending move, keep it under you radar for investing
strong chart relative outperformer in pharma space stock above key averages pharma index seen a decline of 7 % odd in past 11 session while this counter is trading with strength formed a dual bottom trading above neckline.
ABBOTT Time frame- DAILY *Entry - 19900 *Stop loss - 19100 *Target - 21700 *Short term *Reason- RSI above 60, Good result, sector in focus. Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing. #technicalanalysis #technicalanalyst #swingtrading #swingtrader #fundamentalanalysis...
Abbott is moving in a triangle pattern with cup and handle in between, once crossed 20K, could move towards 24K and then towards all time high. This is a swing trade for 6-8 months with stop loss of 17300.
Entry : 18250 Support / Stoploss : 18000 Resistnce / Targets : 18380 , 18507 , 18700
Entry : 18250 Support / Stoploss : 18000 Resistnce / Targets : 18380 , 18507 , 18700
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ABBOTT INDIA Time frame- DAILY *Resistance - 100 DMA *Support - 200DMA, 17290 *Short term picK to medium term pick Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing. #technicalanalysis #technicalanalyst #swingtrading #swingtrader #fundamentalanalysis #bullish #chartoftheweek...
#ABBOTINDIA Time frame- Daily * Long in PHARMA * Swing trade * PHARMA showing strength in current market * Breakout above 18250 * Target - 19650 * Stoploss - Below 17480 Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing. #technicalanalysis #technicalanalyst #swingtrading...