After the resistance marked area can take long entry for intraday setup. Long above 21625 TGT21640-21650 SL 21610
Abbott india has reversed from resistance turned support zone and still has a good tradable RR till next resistance
Abbotindia closing 20575.55 and with stoploss 20000 then targets are 21200-22000. Buying Reason. 1 --> Price make a range and good consolidation ready to breakout of range. 2 --> 20 EMA is now giving support. 3 --> RSI is 49.96 showing ready to bullish move. 4 --> ADX is show the bullish move and +DMi is rise. 5 --> Volume is also show the...
Buy ABBOTINDIA Entry- 20118 Sl-20046 Tgt- 20298 NSE:ABBOTINDIA
📊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+
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.
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...
Abbotindia making possible cup and handle pattern. wait for safe entry.
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
I daily make educational content videos on financial markets