vivek3032810101

ABB India, Long term Investment Buy

Long
NSE:ABB   ABB INDIA LTD
On anayzing the stock we find that there is a breakout of the stock above the levels of 2008, so there is breakout of consolidation after 13 years. The 1600 levels now is acting as a support for the stock. There is also accumulation in the stock at these levels as well.

The stock should be bought at these levels, keeping a time horizon of atleast 12 months.

**Ideas are my own**Invest as per your risk taking ability**
Disclaimer

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. Read more in the Terms of Use.