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.
ABB India has had a breakdown in its charts. After being a wonderful performing stock in a very weak market last year, the stock might enter its fresh phase of correction, it is important to be careful if you are planning to buy more. In my opinion, if you want to make a fresh position, buying above 3000 would make a lot of sense. Shorters can keep 3000 as their stop loss for this trade.
ABB India has had a breakdown in its charts. After being a wonderful performing stock in a very weak market last year, the stock might enter its fresh phase of correction, it is important to be careful if you are planning to buy more. In my opinion, if you want to make a fresh position, buying above 3000 would make a lot of sense. Shorters can keep 3000 as their stop loss for this trade.
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)