ABB will have correction 30 - 35%?ABB has closed below 200 EMA on day time frame. It has next demand support at 6600 & 6300. Close below 6300 will confirm BAT pattern formation and this will lead to a correction up to 4400. Target: 6600 / 6300 / 5500 / 5000 / 4400Shortby NileshPrajapati851
ABB INDIA LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.by zenthosh3
ABB NSEABB has broken out of consolidation on Daily nad Weekly, Wait for Retest on DTF..and seek entry.Longby billpramodUpdated 114
Review and plan for 5th November 2024 Nifty future and banknifty future analysis and intraday plan in kannada. Resulst analysis. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT 12:02by vinaysh4
ABB NSEABB after hitting a Peak of 9149 has corrected to @8000 levels, consolidating for @50days now it has broken out of the range, retested and moved upwards, Entry at current price with a 12%+ upside Estimated. Keep SL at 7350. Longby billpramodUpdated 3
ABB Bullish BuyThe chart shows a strong upward trend in ABB India Ltd, with a recent consolidation forming a rising wedge pattern. This pattern typically indicates a potential breakout. The price is currently testing the upper boundary of the wedge, suggesting a possible bullish breakout if it surpasses the resistance level around 8,619.70 INR. Key Levels: Resistance: 8,972.10 INR Support: 8,115.65 INR Potential Trade Idea: Bullish Scenario: A breakout above 8,619.70 INR could lead to a rally towards the next resistance at 8,972.10 INR. Bearish Scenario: If the price fails to break out and falls below the wedge, watch for support at 8,115.65 INR.Longby baddonkey993
ABB India Ltd - Potential Breakout Targeting ₹9,130This analysis focuses on ABB India Ltd , where the stock is exhibiting a potential breakout from its recent consolidation phase, suggesting an upward move toward ₹9,130, which is 9.39% higher from the current level. The chart includes Fibonacci retracement levels, key trendlines, and technical indicators. Key Highlights: Current Price : ₹8,510.30 Fibonacci Retracement: 61.8% retracement level around ₹8,835 has been broken, which is a bullish sign. Price is expected to reach the 100% retracement level at ₹9,130.75, indicating further upside potential. Trendline Breakout : The stock has broken out of a descending triangle, confirming a breakout, which is supported by increasing volume and momentum. Technical Indicators: RSI: Shows a gradual rise, indicating growing bullish momentum. Moving Averages: The stock is well above its 50-day and 200-day moving averages, reinforcing the bullish trend. Key Levels to Watch: Resistance: ₹9,130.75 (100% Fibonacci retracement). Support : ₹8,084 (50% Fibonacci retracement). Conclusion: With the breakout above the descending triangle and the stock holding above key Fibonacci levels, ABB India Ltd appears set for an upside move toward ₹9,130 . Traders should watch for sustained volume and monitor support levels in case of pullbacks.Longby AngshumanSaikia2
Abb looks good for buyAfter a pullback., consolodation and now ready for upmove Buy above-8280. Target-9000 Sl-780Longby SOURAV654
ABB Bullish flag Buyhe chart illustrates a bullish flag pattern, characterized by a strong upward price movement (the flagpole) followed by a consolidation phase where the price trades within a narrow range, forming the flag. This pattern suggests a potential continuation of the upward trend.Longby baddonkey993
ABB INDIA LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh0
"ABB" poised well for Long Side!"ABB" is a great counter to go Long on with high probability and great risk - reward ratio! The stock is about to breakout from a VCP (Volatility Contraction Pattern). The price has also closed near the breakout zone giving more confidence to enter the trade on Long Side. #SniperTrade #Momentum #Options #CapitalMarkets #harshal95 #StockMarket Longby harshal95227
ABB upside target 8700 If ABB stock sees a breakout above 8006, then there is a possibility of good bullishness in the upcoming sessions, if seen, the stock has formed an uptrend channel in the month of August and the stock price is following this trend channel. If all the indicators, trend lines are studied properly, then the stock will see a good rise ahead. If the stock follows this channel, then the stock can also see targets up to 8750. Longby Sudhir-Sirohi2
Abb ltdHigher highs higher lows Pullback till 38.2% of current swing Rsi hidden divergence n Avwap squeeze with volumesLongby Rah3433
ABB INDIA ABB INDIA is currently trading inside the zone, waiting for a breakout we can plan for trade after a successful breakout. by Kartik_Elkunchwar5
[HP] ABB Short IdeaIt shot up because of renewable energy bet post-election! But it is unnatural without a significant retracement. Do note that it can go more up moment being as it is irrational. Stock is trading 30 times the BV. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesShortby Amit_Ghosh5
ABBStock recently reversed & create Bearish pattern We are not SEBI registered. *Disclaimer from Admins as per SEBI norms:* Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. I am not responsible for your intended decision & financial losses This idea is only for Educational and Learning, Knowledge purpose only. Shortby Treemurti_TradersUpdated 5
ABB Share PE 3850 Short call1st Target - 3844 for option trader Comment in this post for more share analysis.Shortby Trade_with_pandeyji_2
ABB Recent low to high done retracement of fibo levels even following trendline keep in focusLongby nileshk6340
TRADE_SETUP_10% upside in ABBThe stock can be seen moving up in an Elliot wave structure from Oct end bottom. Wave I completed in Oct-Nov followed by a 38% retracement and then Wave III completed in Nov-Dec followed by a deeper 50% retracement. Now the Wave V has begun in the stock from Dec 21.This particular wave also can be seen sub-dividing into minor waves like the previous 2 impulsive waves. Currently we at the wave ii of Wave V and waves iii, iv and v of V are yet to unfold. The projected final target for Wave V is projected to be around INR5100-5150. On the downside the low of 4529 is crucial and should be considered as an important swing low for all buys. Note*- Views are based on personal opinions/observations. Please do your own research/analysis before making any trading/investing decisions. Longby neeraj_2_sharma2
What a breakout on ABB?Same with the volume with RSI 60 monthly and weekly chart. Clear breakout in. monthly and weekly. All relative strength Strong revenue per share strong. so catch it. Don't lose it.Longby realisticUnico308121
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 by vishaltrading099Updated 552
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 😇Longby IdeasNeosagi3