Abbotindia bullish above 18470
Updated
Abbotindia has seen a good healthy correction in last few days.
Took support on 61.8% fib, looks good moving up from here
RSI above 44 I consider it as bullish
MACD above the signal line.
Just above the 200 MA cluster
Buy above - 18470
Targets mentioned in the chart above.
SL below 200 ma, near 17700.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Took support on 61.8% fib, looks good moving up from here
RSI above 44 I consider it as bullish
MACD above the signal line.
Just above the 200 MA cluster
Buy above - 18470
Targets mentioned in the chart above.
SL below 200 ma, near 17700.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached
Target 1 hit. Late updateNote
Target 2 also almost hit
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