showing .78% retracement of earlier high now making upward channel
As 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 purpose
ABBOTT India bulls moment Target : 29500 🎯 Long buy Educational purpose only.
Trade: 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 22000
the 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.
ABBOTINDIA- 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 :-...
Abbott 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...
This 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.
Reason for long a) Weekly Mr.14 set up b) super vwap set up c) QQE long d) renko long SL compulsory
ABBOTINDIA has given nice breakout after almost 2 years of consolidation. Seen good breakouts in pharma stocks across the board.
i 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
Abbot India has gave breakout after almost post 2 years Specific Pharma stocks been showing some momentum.
Ever 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.
Abbott 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.
Abbott 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 chart
Cup And Handle Pattern on Weekly Chart Buy Above 23500 ON MCB SL Below 20605 on MCB Target 29000
This 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...
Abott 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.