ABBOTINDIA trade ideas
Breakout in abbott indiaBreakout in abbott india at the levels of 18000-18200 stock is above of the 200ema it may test its all time high buy at current levels for the targets above 22000.
abb is chance to downside viewmarket in all time hidh, so we can expect some correction in down side.
Bullish Structure Making higher high n higher low, Look for longDisclaimer
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ABBOT INDIA PVT LTDhope this share is huge capital share but over all trend down now the share is in correction state expecting fall
ABBOT INDIA ABBOT INDIA - Bat harmonic pattern to be activated on a close above point B.
Above point B, one can aim for Point D as a short term trade.
ABBOTINDIA - ShortAs per the Fibonacci and the stock trend it looks bearish and the targets are mentioned in the chart. Based on your risk tolerance take the short position I also mentioned the level of target and stop loss
Abbott India Ltd - 02.09.2022Abbott India Ltd - 02.09.2022
The stock is trading at 18442 levels
There is a SUPPORT ZONE AT 18200 levels
There is a MACD BULLISH DIVERGANCE IN DAILY CHART
WATCH OUT FOR THE FURTHER UPSIDE MOVEMENT
"ABBOTINDIA" Swing trading ideaAbbotindia standing in the support zone if we see a pullback from the support zone then we are interested to take on trade from here.
why support zone?
we know that previous support work as support according to price action theory and high volume area also act as support when price come back to that zone and we add one more thing called average price, average price of some important event also work as support and resistance.
here,
we get conjunction of all these things. that is why we assume this zone can act as support. we add more things just for extra edge.
Trading setup = Conjunction of ( Volume profile + Price action + Avarage price )
when pullback from the zone then we take long trade until waiting...............................................................
thank you for your time
"ABBOTINDIA " ,Swing trading setup"ABBOTINDIA " is currently standing at the support zone if we pull back from here, we definitely interested in a long trade.
why support zone,
when we get conjunction of high volume profile, previous support, and resistance, and the average price of some important event.
Setup = Conjuction of (volume profile + Privioue support + Avarage price)
ABBOTINDIA consolidation breakoutStock is making an attempt to clear the 18300 resistance and broke consolidation with good volume, Crossing 18300-18400 band can offer some surge. Stock has 200 DMA resistance to clear
Abbott India Ltd - 27.05.2022Abbott India Ltd - 27.05.2022
The stock is trading @ 17938 levels.
The stock has tested 18300 levels in the week gone by...
The fresh buy position can be initiated at the current levels with Support @ 17300
Watch out for the price action
ABBOTT LONGABBOTT LONG
21K+
Now ready for the upmove after retracement and accumulation.
No recommendations.
Shorting IN "ABBOTINDIA" Shorting Opportunity IN "ABBOTINDIA" as showen in chart "ABBOTINDIA" showing the channel patter in daily time frame so You can take trade in "ABBOTINDIA" future after 16900 or breaking the pattern first target is 15500 and second target 15000 stoploss is madatory
Abbott India BreakoutThe 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 - HEAD AND SHOULDERS - FALL EXPECTED !!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 :)
BUY AROUND 16880 TGT 17650/19350 SL BELOW 16500The 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 AT CRITICAL LEVELS ON WEEKLY CHARTS
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.
ABBOTINDIA - LONG ENTRYThe 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
Abbot India 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.
