ABBOTINDIA AT CRITICAL LEVELS ON WEEKLY CHARTS

ABBOTINDIA is at a very critical levels on weekly charts

TRADE IDEA -

SHORT - If price closes BELOW GREEN TRENDLINE only on WEEKLY CLOSING BASIS.

LONG - If price manages to close above GREEN TRENDLINE this WEEKLY CLOSING BASIS we may see some pull back on upside

IMPORTANT - TRADE IDEA ON WEEKLY CLOSING BASIS ONLY.

Trade active:

I plot trendlines in a very unconventional way, out of text book. I am very selective in choosing candles based on merits before plotting trendline. Thanks

Trade closed: target reached:

Exit Short at 17000