ConsolidatingExpecting some cross over and upward movement by 15th February unless sudden spike appears.
ABBOTINDIA trade ideas
Abbot India - LongAbbot India is currently in a consolidation phase trading at 365 EMA after a run and could be a good pick between 12200 - 13000 due to overlapping demand zones.
ABBOTINDIA | Support zone & 200 EMA breakdown 🎯⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕
--Short Below = 14348 or CMP
--Target = 13450 | 12535
--Stop-loss = 15114.85
--R:R =2.37
--Expected Profit = (12.63% )
--Expected Holding = 15 days to 1 months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Support & 200 EMA breakdown
2) Volume is good enough
3) Targets is based on the support zones
4) Downward trend line is mentioned on the chart
5) After breakdown stock consolidated & again breakdown
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Abbott india - My ecpectationExpecting the correction levels as shown below. Please correct me if i am wrong
ABBOTT - Descending TriangleDescending Triangle forming on Daily Chart of ABBOTT INDIA. SELL below 14800 -> 14200, 13850, 13500. Volume activity has increased in latest round of selling. No Buying till 15950-16000 is intact. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Triangle pattern breakout on ABBOTTINDIA. Positional Trade.The stock has been consolidating in a triangle pattern for almost a year and had given a breakout on 11 December but retraced to its support levels. As the support remains strong, expect the stock to become bullish above 16000 levels as it breaks out from the POC levels.
All levels are mentioned in the chart.
ABBOTINDIA Long CallIt is one of the great with ROCE and had broken trendline and 200 ema with good volume so again its started consolidation phase to make new highs, Trade in good companies, this is one among them. Target is all time high and above. Happy trading.
ABBOTT - 30M - Trendline ObservationsTrendline Observation(s). A simple trendline breakout on 30M Chart of ABBOTT INDIA. BUY above 15940. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Mid Term Pick - Abbott India LimitedObservations -
1. Abbott India Limited has good fundamentals, and almost no dip in March COVID-19 low zone.
2. The share looks like in accumulation since last 7-8 months.
3. On break of the trading range with good volume, we can expect a 30-40% move.
I have started accumulating the share before breakout of the range expecting a breakout in next 15-20 days.
Note: Material shared for educational views only, Assess your risk before entering financial positions. I intend to hold this investment for 1-2 years going ahead, request reader to check their time horizon at their comfort.
If you profit from my material, request you to donate 1% of your profits towards education of poor children.
ABBOTT INDIA LTD ABBOTT INDIA LTD IS REVISITING THE DEMAND ZONE AND TRENDLINE RETEST IS ALSO HAPPENING , INVESTMENT/TRADE IDEA IS SHARED IN THE CHART..
Breakout of a contractng flat and breakout..A fundamentally strong company, trading in a contracting corrective pattern, it seems to be broken out now and expect to push higher from here..
ABBOTINDIA - DC+DC - Flag pattern in 60min chartABBOTINDIA
10 Dec 2020 - 16087.55
Showing strength after 4 months of down trend.
Flag pattern in 60min chart.
Buy above 16200.
SL 16000 on closing basis.
TGT 16800 / 17800
Abbott India looks positiveAbbott India chart looks positive. very good stock for long term investment stock. its not a trading stock.
#ABBOTINDIATinyIC Range Breakout with strength
The direction is set
Moving towards 16309 (Monthly view)
ABBOTINDIA, TRENDLINE BREAKOUT WITH VOLUME. MUST HAVE FOR MONDAYAll level mentioned on chart.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. If you check all previous charts, you will understand how beautiful price action trading is and how one can become independent trader by following some simple rules.
Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
Learn & Earn
