#ABBOTINDIA abv 17.3k, tgt 19.6k , SL16k
#ABBOTINDIA
Managed weekly close 17380 abv prev week close
This is the level from which stock also BO in Jun-21 before topping out at 24000.
Stock has got support at15900 over last 5 weeks.
Reverse candleshunting can take place
Entry - 17300
Tgt - 19600
Stoploss - 16000 ( weekly cl)
Risk: Reward - 1: 1.8
Return - 13%
Duration - 10 weeks
Managed weekly close 17380 abv prev week close
This is the level from which stock also BO in Jun-21 before topping out at 24000.
Stock has got support at15900 over last 5 weeks.
Reverse candleshunting can take place
Entry - 17300
Tgt - 19600
Stoploss - 16000 ( weekly cl)
Risk: Reward - 1: 1.8
Return - 13%
Duration - 10 weeks
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