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Broken out and volumes seem to be picking up. Can be got with SL 1% below trend line.
ABBOTT has gone through sideways consolidaiton for around a year and it starting to move up.
A psychological target of 10000 can be achieved.. buy on dips to 8000 or 7600 (200 dma) if it comes..
As per my wave analysis, i believe a good SELL is under way..
the Aroon indicator has given a buy .....
Levels mentioned in the chart!
Abbott India Ltd breakout
Bullish buy setup. RSI is strong and MACD is also good. Can reach 8517 as per Fibo extension
....Levels mentioned in chart
Box type consolidation breakouts/breakdowns happening in #AbbotIndia as described by Nicolas Darvas in his book "How I Made $2 Million in the Stock Market"
Sustaning above 7005
Breakout and Test of Breakout completed after a long accumulation.
Possible target of 8250.
abbott started mmoving andmay it can reach reach target in two or three days
Will ABOTT INDIA follow the Fib Retracement? Everything given on chart
Flag on the weekly. Once is takes out 5650, should see a big move up