ABB Closes at `833.85 with a Fall of -0.70% on 04 April 2014 with formation of a Small Red Candle on Daily Price Chart with Nominal Delivery Volume of 20.09% .Technically, ABB is Looking Strong on Daily Charts & It is entering into a Long Term Bullish Trend. Major Momentum Indicators are Showing Strengths on Daily Price Chart.
We Recommend to BUY- ABB at CMP
Target : `852/897
Stop: Loss :`818.98
Time Frame: 5-20 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market, Major World Indicies, Bonds, ETFs & Indian Economy. We use Ami Broker Charting Software (V-5.63), Pattern Explorer (V-5.65)& AmiTools-Power Scan(V-1.3.7).You can reach the Chartist here mail@niftynext.com Or Tel /SMS: +91 880 2230 836.
We Recommend to BUY- ABB at CMP
Target : `852/897
Stop: Loss :`818.98
Time Frame: 5-20 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market, Major World Indicies, Bonds, ETFs & Indian Economy. We use Ami Broker Charting Software (V-5.63), Pattern Explorer (V-5.65)& AmiTools-Power Scan(V-1.3.7).You can reach the Chartist here mail@niftynext.com Or Tel /SMS: +91 880 2230 836.