Buy Abbott India Short Term Trading Advice by Goodluck Capital Buy Abbott India Buy Range- 27000 - 27500 Target- 29000 - 29500 StopLoss- below 26000 Potential Return- 6-8% Approx trade duration 12 - 14 days Longby GoodluckCapital7
Abbott India Ltd. (ABBOTIND) StrategyThe chart is a 4-hour candlestick chart of Abbott India Ltd. (ABBOTIND) on the NSE, with the current price at INR 26,196.20. The chart illustrates a symmetrical triangle pattern, highlighting key support and resistance levels and suggesting potential trade strategies based on price movements. Key Observations: 1. Current Price and Trend: - The current price is INR 26,196.20, reflecting an increase of 1.08%. - The price is currently near the lower boundary of the symmetrical triangle. 2. Support and Resistance Levels: - Immediate support is at INR 25,000. - The next significant support level is at INR 23,591. - Resistance levels include INR 26,700 and INR 27,100. 3. Symmetrical Triangle Pattern: - The chart shows a symmetrical triangle pattern, indicating a potential breakout in either direction. - Traders are watching for a breakout above the upper trendline or a breakdown below the lower trendline. 4. Trade Strategies: - Buy Strategy: - If the price breaks above INR 27,100, it signals a potential bullish breakout. - Traders could buy at the breakout level or wait for a retracement and buy at INR 26,700. - The target for this buy strategy is INR 28,700. - Sell Strategy: - If the price breaks below INR 25,000, it signals a potential bearish breakout. - Traders could sell at the breakdown level or wait for a retracement and sell at INR 26,000. - The target for this sell strategy is INR 23,600. Summary: The chart suggests a symmetrical triangle pattern for Abbott India Ltd., with the current price positioned near the lower boundary of the triangle. Key support is at INR 25,000, with further support at INR 23,591, while resistance levels are at INR 26,700 and INR 27,100. Traders are advised to watch for a breakout above INR 27,100 to initiate a buy with a target of INR 28,700 or a breakdown below INR 25,000 to initiate a sell with a target of INR 23,600. The decision to enter trades can also be based on waiting for retracement levels to ensure stronger confirmation of the breakout or breakdown.by The90sTraderOfficial114
ABBOTINDIA Elliott waveshowing .78% retracement of earlier high now making upward channelLongby ManojTembulkarUpdated 3
Long AbbotindiaAs per price action formation has been made in 1 week TF. Its a very big move. Always check the sentiments of the market as per technical analysis, if the pattern get its respect. Best of luck to all traders. You are responsible for your Profits and loss, Shared for Educational purposeLongby AIJAZ_AHMED176Updated 2
ABBOTT India ABBOTT India bulls moment Target : 29500 🎯 Long buy Educational purpose only.Longby SumanBullsVsBears1
ABBOTINDIA BREAKOUT TRADETrade: Entered ABBOTINDIA @25350 SL 22000 with half risk Reason to Enter: Breakout from May 2021 to Jan 2024 consolidation range of 15600 –24600. Defined SL 22000Longby VolumeProfiltraderUpdated 0
Strong Brakeoutthe stock broke out very strong with huge volume and also had a follow up week with much higher volumes, The pharma index is also at an all-time high. let's see how the stock performs from here on.Longby Mohank230
ABBOTINDIA - AnalysisABBOTINDIA- Analysis Chart Legend :- ...... - Dotted Green Line - Bullish make or break Level ..... - Dotted Green Line - Bearish make or break Level ..... - Dotted White Line - Major Levels ---- - Dash Green Line - Minor Target ---- - Dash red Line - Profit Booking or reversal and Stop loss Line - green or red - Major levels Safe Buy Above :- 23485 Risky Buy around - 22348 Stoploss - 21840 Few targets to Monitor 24100 , 24725, 25358, 25998 and 26647 Please comment if you wish to see my analysis for any stocks. Please do your due diligence before trading or investment. Thank you. Shortby PrashantTaralkarUpdated 0
TRADE SETUP_WAVE V IN ABBOT_15-20% MOVEAbbott India Ltd. is seen coming out of a fourth wave triangle and is expected to have completed wave i of V. The stock had remained in a 3month long correction during the fourth wave between Aug and Nov. The stock is currently close to the support area of 23000 and is expected to settle and reverse from around here. The final projected target for fifth wave completion comes in at around 27.5K-29K zone. Note*-The views expressed are personal observations/opinions. Kindly do your own analysis before taking up any trading positions.Longby neeraj_2_sharmaUpdated 115
ABBOTINDIA ViewsThis script as shown in the chart drawing seems to be reacting well around the value area. Adding it in our watch list for study purposes will be exciting, theme. by AMGO_Markets2
abbott indiai postion same share desclimer :- my postion same share sorry for delay late pubblish but if break 24233 and break entry done and stoploss is day red cancle happy jorney Longby trenline_chart0
Abott India - Looks perfect for ATH breakoutEver since it broke the stiff resistance of 22000, it looks solid and heading towards ALL TIME HIGH. Also, it is evident from the chart of all pharma stocks that this might be the beginning of swift upside rally in pharma stocks. volumes have begun to appear on charts as it is approaching ATH. Therefore, it may be one of the best bets for investment in near term.by abhishek68151Updated 1111
ABBOTT INDIAAbbott India in a channel pattern since long and price is close to major Resistance. My view is SELL at Resistance for channel lower trendline as Target and SL above Resistance.Shortby Harryanttal111
AbbottAbbott looks good as Monthly closes above one of the important Fann angles and forming bullish Marubozu Technically looks good in all the major Timeframes Follow the levels marked on the chartLongby happyvegan100
ABBOT INDIACup And Handle Pattern on Weekly Chart Buy Above 23500 ON MCB SL Below 20605 on MCB Target 29000 Longby namrataarora266414
ABBOTINDIA ViewsThis script as shown in the chart drawing, appears to be forming a support zone. I have used following for the analysis purposes. 1.> Value area as per volume and delivery volume. (Delivery volume plot is hard to explain here) 2.> EMA 200 3.> Fixed ranged volume profile Now the conclusion is pattern is suggesting a positivity in the price. But, with due diligence, one should do his or her own analysis, and excuse me for my analysis. I have tried to use indicators provided by trading view as per my understanding, but in reality, I don't use them, is my major disclaimer. Excuse me for my analysis.by AMGO_Markets1
Ascending triangle patternAbott India on weekly timeframe has formed Ascending triangle thought breakout has to be happen. One can plan to take bullish trade if weekly candle break resistance and close above it. Technically its showing Higher high trend too.Longby nilmange0
ABBOTINDIA - Weekly AnalysisIn the Weekly Chart of ABBOTINDIA , we can see that, it has Given Cup & Handle Bbreakout.Longby JatinManani4
Breakout in abbott indiaBreakout in abbott india at the levels of 18000-18200 stock is above of the 200ema it may test its all time high buy at current levels for the targets above 22000.Longby sidaksingh0220
abb is chance to downside viewmarket in all time hidh, so we can expect some correction in down side.Shortby Royalvinokuma15
Bullish Structure Making higher high n higher low, Look for longDisclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.Longby pochinkifaku0
ABBOT INDIA PVT LTDhope this share is huge capital share but over all trend down now the share is in correction state expecting fall Shortby sathamvallavan050