showing upward channel pattern Elliott wave showing .78% retracement
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
ABBOTINDIA and recently made a head and shoulder pattern and also broke its neckline. Expected that, it will take a pullback towards its neckline and fall again . Trade Details: Trade Active : Once testing resistance at 17500-18000 level Stop Loss: 19200-300 Target: 15400 Happy Trading :)
The stock has taken deep correction with consistent quarters as the whole sector was negative but currently it has given closing above 100 week moving average and expected to give some pull back rally before quarterly earning.
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.
The Stock takes support on weekly basis, where it faced resistance previously. On monthly chart it created a hammer candle on the support zone. Good Swing Entry for a couple of months, hoping to see new all time high Trade Details: Buy Below : 19600 Stop Loss : 17300 Holding Period: more than 2-3 months
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
Abbott India trading at major support (60 minutes) - Good trading opportunity, can take calculated risk
Super simple Inverted H&S pattern trade formed around the Daily Chart Support levels 17680.
ABBOTTINDIA - Reversal of polarity art 200 ema. The risk reward ratio is favorable here. One can go long with a sl of 200 ema.
Please find the Entry Stop and Targets on the chart............................................................
Nice consolidation on very crucial support zone. Will create the view on either side breakout... Keep an eye on this.
Will plan downside only and only price breaks the levels...
#ABBOTTINDIA PRZ-19740.60 SL-19171 CMP:19950 @15 November 2021
NSE:ABBOTINDIA ABBOTINDIA IS CLOSE TO FORM NEUTRAL TRIANGLE .. IF WANT CAN KEEP ON YOUR WATCHLIST BUT POSSIBLE ENTRY WILL BE NEXT WEEK -Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with...
MADe double top in daily time frame made evening star candle stick pattern at top daily time frame RSI made negative divergance
This stock just gave a breakout on a weekly timeframe. Please, keep eye on it. The risk reward ratio is also very good in this trade. We can expect a good target on this stock. Let's see.