ABBOTT INDIA had been bearish for past 4 trading days after hitting its All Time High. It is aslo near the CPR support (S1). So there is a long opportunity if a big bullish candle follows near that CPR Support. The company declared their Q1 results for FY 21-22 and its net profit grown 8.5% in Q1 21-22.
So swing traders may find this as useful . They may long on this scrip after confirmation of bullish candle near CPR support and may have their Stop Loss below the CPR support (S1).
So swing traders may find this as useful . They may long on this scrip after confirmation of bullish candle near CPR support and may have their Stop Loss below the CPR support (S1).