AbbottAbbott 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
ABBOTINDIA trade ideas
ABBOT INDIACup And Handle Pattern on Weekly Chart
Buy Above 23500 ON MCB
SL Below 20605 on MCB
Target 29000
ABBOTINDIA ViewsThis 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 diligence, one should do his or her own analysis, and excuse me for my analysis.
I have tried to use indicators provided by trading view as per my understanding, but in reality, I don't use them, is my major disclaimer.
Excuse me for my analysis.
Ascending triangle patternAbott 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.
ABBOTINDIA - Weekly AnalysisIn the Weekly Chart of ABBOTINDIA ,
we can see that, it has Given Cup & Handle Bbreakout.
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 :)
