abb is ready for break restence Currently abb is trading restence leval and chances is very high to breakout the restence leval because many time take restence but this time candle is power full to break
ABB trade ideas
ABB India Ltd *ABB India Ltd*
P&F Formation on Monthly Basis.
Morning ⭐ Formation on Monthly Basis.
5% Upside Needed to BreakOut Flag Upper Priceline. Once Broken & Sustained, then Good to Go!!!
Resistance @ 4671
Strong Vol Consolidation & Continued BuiltUp.
RSI: 1H >D >W <M
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Bullish Flag pattern breakout and retest seen in ABB India (Buy)ABB India Limited is an integrated power equipment manufacturer supplying the complete range of engineering, products, solutions and services in areas of Automation and Power technology.
Electrification and automation company ABB India on Friday announced to invest Rs 1,000 crore in the country in the next five years.
The company, which inaugurated a new facility in Nashik on Friday, will be investing the money in adding capacity across the country, its country head and managing director Sanjeev Sharma said in Nashik.
According to him, ABB India is planning to invest Rs 1,000 crore in the next five years for capacity expansion.
Its new factory spread across 78,000 sq ft will help double the Gas Insulated Switchgear (GIS) production capacity, a statement said.
The new facility will manufacture primary and secondary GIS. It will serve the power distribution, smart cities, data centres, transport (metro, railways), tunnels, ports, highways and other infrastructure developments, it said.
It deploys advanced robotics for manufacturing which connects people, processes, assets, and is capable of relaying real-time data for enhanced productivity.
The company also launched an eco-efficient switchgear.
Market Cap
₹ 66,582 Cr.
Current Price
₹ 3,142
High / Low
₹ 3,446 / 1,945
Stock P/E
86.4
Book Value
₹ 191
Dividend Yield
0.18 %
ROCE
25.4 %
ROE
19.0 %
Face Value
₹ 2.00
Debt
₹ 36.7 Cr.
EPS
₹ 48.0
PEG Ratio
6.82
Promoter holding
75.0 %
Intrinsic Value
₹ 521
Pledged percentage
0.00 %
EVEBITDA
56.0
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 27.0%
Company is Good for long term investment, business model is fantastic,, capacity expansion will make this stock boom from this levels. Chart also looking very very attractive for this ticker. So technical and fundamental analysis both giving buy signal in it. If anyone wants to go long in it definitely can go with given level, if you are thinking for trading go with stop loss,,and if you are planning to invest for long term, no need any stop loss, even accumulate more if you get down levels. My long term Target will be 6000+, and i am expecting this will come within 1-3 years.
Please guy's if you really like my idea then appreciate by liking and follow to me on tradingview.com
and also feel free to comment your thought on my idea.
Thankyou.
ABB looking good for Upside now we get 350 points oi dowsideOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
ABB can go up now , ew got 300+ points on downside On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
ABB : Negative chart setupNSE:ABB Weekly chart forming head and shoulder negative price pattern on top. May correct 50% from current rally.
ABB shares analysis 11/Sep -> 25/SepCritical Point, If it can not break thru 458x zone in next try it will going to down trend. Otherwise we can buy in after the buy confirm candle.
But as the NiftyBank index can not break thru and making double top so I suggesst to sell out here if the price reject at the price protection this time.
ABB India going down down For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
ABB Strong breakoutABB looks good on this breakout.
Added at 4640
Already have a old position in it. was posted here.
abb india 1d time frame symentric channel breakout buy @ 4618,abb india 1d time frame
symentric channel breakout
buy @ 4618, target @ 4767, 4799, 4844
risk reward 1.6
its just a view trade @ your own risk
sl@ 4463.80
ABB - bottom channel testABB testing the bottom channel trend. Good Risk reward here to go long for potential targets 4370/4450/4550
Daily closing below 4250 invalidates this idea
#ABB long trade idea setupGreetings Folks,
today i have prepared a setup of ABB on NSE
the analysis is simple and straightforward
- the static resistance is about to break
- many fair value gaps to be filled
dont play with fire, always use predefined stoploss
ABB Getting ready for next legABB After previous trade again getting ready for next leg if it breakouts.
Keep on watchlist.
ABB CHART ABB in a good up trend and now it make a rounding pattern in top with asending triangel pattern wait for ABB breakup and then entry and we can catch 200 point and must decide your stoplose
ABB - Weekly Cup & Handle BreakoutSister stock movement in capital goods stocks like ABB, SIEMENS in past couple of weeks.
ABB gave a weekly Cup & Handle breakout last week.
"Three Soldiers" off from base.
Price above the value area of channel with good volumes.
Any consolidation and breakout is a buying opportunity until price stays above the value area.
Always Think R:R.
ABB CUP & HANDLE BREAKOUT ABB - Cup & Handle Breakout, Potential for Upward Movement
ABB has recently experienced a cup and handle breakout, with confirmed breakout above the resistance level. The stock is currently supported at 3388, and can be added to your portfolio until 3420. Potential targets for the stock include 3800, 4000, and 4200+.
This stock is definitely one to keep on your radar as there is potential for upward movement
ABB India Ltd NSE:ABB
Already hyped on all timeframes.
Early investors should book profits.
Very short term swing trading setup.
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
ABB on watchlist| Possible Ascending triangle breakoutABB is bullish on multiple timeframes and is consolidating in an ascending triangle near ATH. Sustained close above 3,450 with decent volumes make it ideal for a breakout. If not the stock can retest the lower trendline of the triangle.
Note: This is not a buy/sell recommendation. Just learning and sharing my views for educational purposes and open to feedback from the community. Thanks!
ABB: SWING TRADEABB Looks good to buy above 3440
ABB Tried a downmove, but buyers are strong and pulled it upwards
We can see a sharp upmove in ABB in coming days
ABB - clear strength Showing strength - forming good range near resistance of ATH. 'will break it soon
ABB LTD-WAVE COUNTS LOOKS IN MAJOR-MINER THIRDABB LTD-WAVE COUNTS LOOKS IN MAJOR-MINER THIRD
As per the request of one of the follower the video has been recorded.
Please see the chart with step by step movement of ABB LTD.
Regards.
