ABBOTT India has a strong lower 2-year-old support line. Every time it comes here, buying is seen. In July 2021, ABBOTT gave an ATH breakout and made a new ATH. After that it has pulled back to the lower support zone and tested it multiple times. Now it has sustained to close above all EMA and getting ready for an upmove. Buy above 18400 level for first positional target of 19200.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
All Ideas posted by me are for Educational Purpose.
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