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madhusudhan237

Abbott India

Long
ABBOTT INDIA LTD (NSE:ABBOTINDIA)  
madhusudhan237 Updated   
NSE:ABBOTINDIA   ABBOTT INDIA LTD
Trend Lines Multiple Time Frame Analysis Triangle
1
0
trendline mtfa triangle
Pattern repeating on a long term.
symmetrical triangle breakout done on weekly chart.
target = 18634 INR
SL = 14180 INR
Comment:
9th June21: Abbott India - Flag and pole breakout today with volumes. More to come! :)
Comment:
18Jun21: sustained above 3 week high with good volumes. could see all time high very soon.
be patient!
Trade closed manually:
23June21: exited my positions @16450 INR at 5% profit.
Long term target still intact, if you are patient enough.
Comment:
Abbott is moving very nicely towards long term target. Patience is the key! It could be added to one's portfolio as well.
Comment:
Abbott India reached All time High :)
Again, can be a good portfolio stock. Will keep an for accumulation on dips.
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