Abbot India This share is now support area and trade are limit band zone with support and resistance.
And given the all target SL and entry level up and down side. And very High probhility up side zone trading area. If cross than 21 EMA
ABBOTINDIA trade ideas
Abbott India Technical AnalysisHello Guys , Today I Have The Technical Chart of Abbott India it is in the Double top from a few days ago but now I think it will go Down because it has made a bearish signal after a very long Bull trend and now lets talk about the target . So its target could be 16627 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 hour
Patterns Name :- Double Top
Stock Name :- Abbott India
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalABBOTT India Ltd
Stock corrected from its recent high and took multiple times support from old trendline.
And now at its old ATH resistance levels. And at good levels if breakout happens to enter.
Buy positionally above 18400 levels for min targets of 19100 in short term.
Also Abbott india is portfolio stock to hold for long term also.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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Price action beautifully respected by ABBOTT INDIAABBOTT India has a strong lower 2-year-old support line. Every time it comes here, buying is seen. In July 2021, ABBOTT gave an ATH breakout and made a new ATH.
After that it has pulled back to the lower support zone and tested it multiple times.
Now it has sustained to close above all EMA and getting ready for an upmove.
Buy above 18400 level for first positional target of 19200.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
breakout and retest AbbottIndia has broken upward from a triangle pattern and price is current at retest zone of previous resistance and falling trendline.
a 1:3.6 RR trade can be initiated
entry 17950- 910 ( flip reaction level)
target 19428 ( nearest supply zone)
sl 14478 ( close below the falling trendline)
key levels
17253 ema 21
19000 psychological and option barrier level
Abbott Analysis - Monthly ViewAbbott looks bearish on Monthly TF due to drop in delivery% and Bearish Divergence on RSI.
The Target & SL has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
ABBOTT INDIA3ABBOTT INDIA
Pattern : Swing High and Swing Low
60% Retracement Level 16775
Upside Potential 17900-18250
watch FOR FALLING WEDGE BREAKOUTAbbot has been trading in falling wedge pattern since OCT 2021.
the stock has also forming Higher highs indicating reversal of the downtrend.
good VOLUME increase can also be seen in the stock since few days.
we can trade the stock on breakout at 17100 with SL of 16628 for a shorterm period and target of 17830 and futher of 19561
****************PLEASE FOLLOW RISK MANAGEMENT***********************
Abbott India Chart Analysis !!📈 ABBOTT 📉
My Findings :-
1. Higher High and Higher Low Formation.
2. Breakout from a Swing High and Support Turned Resistance.
3. Close Above March 2022 High.
Bias- Long
Target- 19513, 20613, 22028 and 23201
SL- 16024
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
#ABBOTINDIA Buy on Wkly close abv 18k FOR 19.6k#ABBOTINDIA #ABBOTTINDIA
#SwingTrading #swingtrade
For the last 10 weeks , 16k has emerged as buying zone & stock has bounced back 4 times
Buy on Wkly close abv 18k ( 50-dma & 10 wk hi)
Tgt 19.6k on #candleshunting
SL 17k
Risk: Reward - 1 : 1.6
ABBOTT INDIA SellAs per Weekly chart, ABBOTT INDIA is a sell for a target as mentioned below
Sell between 16600-16800
SL 18800
Target 12800+++
ABBOTINDIA Short Below 16523.90 with protective stop loss- 16627
Target-1-15249.85
Target-2-14493.85
Abbott India Ltd - 04.03.2022Abbott India Ltd - 04.03.2022
The stock is trading @ 17459 levels
Let the prices go above 17940
There is a SUPPORT @ 16800 levels
There is a SPINNING TOP in Daily Chart
The prices are above EMA
Watch out for the price action
Reversal expectationAbbott has corrected quite a bit from its high and now stock is showing signs of reversals with strong base formation at lower levels with huge volume. Rsi shifting its range from bearish to neutral territory. The stock once crosses its 200 EMA should trade higher. Watch out
#ABBOTINDIA abv 17.3k, tgt 19.6k , SL16k#ABBOTINDIA
Managed weekly close 17380 abv prev week close
This is the level from which stock also BO in Jun-21 before topping out at 24000.
Stock has got support at15900 over last 5 weeks.
Reverse candleshunting can take place
Entry - 17300
Tgt - 19600
Stoploss - 16000 ( weekly cl)
Risk: Reward - 1: 1.8
Return - 13%
Duration - 10 weeks
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalABBOTINDIA
has been corrected from higher levels since October.
Has been trading in a particular range called Falling Wedge pattern
Now Seeing recent Volume, seems Uptrend will start after breakout level of 17100
Can enter above levels of 17100, it is a breakout level can be enter on closing basis
With SL of 16600 on a closing basis, for targets of 17300-17800 to 19500 levels
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Note:
Levels are for learning purposes only
Do your own analysis before taking trade
Abbott India bottom formation in placeWhile looking at the chart of Abbott India, it does feel like the bottom has been made. keep a stop loss at 16,000 and go long with a target of 19,500. It is a fundamentally strong stock and hence, I do expect a bounce in this one.
Positional or Longterm Opportunity in AbbottGo Long above 16900.1 for Targets of 18286.2, 19672.3, and 22444.5 with SL 15514
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5 Fibonacci level.
3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
Abbott INdia weekly Chartabbott india taken important trendline support. RSI oversold. suatained above its 200 EMA. level mentioned in chart..
must add
ABBOTTINDIAABOTT INDIA nice triangle pattern is formed
tradeing plan for monday
case 1}if it opened below our trend line i.e,below 15951, we can sell it on opening by keeping sell below 0.5 points of opening price with sl of 16135,vice versa for buy side sl can keep below trendline
case 2}if it opens in between and then break down happens,can sell below .05points of breakout candle by keeping beakout candle high above .01 point as sl,vice versa for break out on buys side
