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.
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.
Very long consolidation break and now the Break out from the previous ATH Fundamentally very sound company - It is like a FMCG of pharma Pirce closing above 20000 will fuel further rally SL - 17500 wcb Target 1- 28000 Target 2 - Just Hold and pyramid, as these are one of the best companies in MNC pharma
Bought 50 shares @ 16260. Looking for the target 18000 in June- July month. What's your opinion guys? Will it reach 18000?
1. RSI is showing positive divergance 2. on main trendline 3. taken support from weekly CPR
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...