NSE:ABBOTINDIA
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Very optimistic about AbbotIndia breaking the crucial resistance of 4330 in a day or two and completing inverted head and shoulder pattern. Bullish divergenes on both Stochastics and RSI is further evidence of strong bullish sentiments. Go long as soon as it crosses 4330-4035 with high volume.
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As we can see this stock is forming lowers lows however RSI has started forming higher lows on weekly charts. I think its a sign of trend reversal . Anyone wants disagree with this view? Thank yoU!
