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Click the below link to read Abbott IND Intraday Tips:
Abbott IND – Santa Rally Time
I had written, “Intraday traders can jump on it for the targets of 19200 – 19256.”.
It has touched all targets. Book Full Profit Now (CMP: 19300+)
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Rossari Biotech is following Darvas Box Theory in 15 minutes chart. And a breakout of it indicates a direct strong sell signal. The above chart doesn’t need any description.
Adani Enterprises stock is following a simple parallel channel. The uptrend will be over after the breakout of the support.
Intraday traders must keep their eyes on the support trendline of the parallel channel to take an entry. The price of Adanient will reach 1752 – 1760 – 1770 levels soon.
Intraday traders can jump on it for the targets of 19200 – 19256. Invalidation is yesterday’s low. It can fire up to 19664.
Rule: complete breakout of 19100.
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Alembic is having a double zigzag (W-X-Y) correction of wave ((4)).
Price is stuck on the ending diagonal of wave Y.
According to the Elliott wave principle, if the price breaks up the ending diagonal, the price is supposed to reach the targets of 114-123-139 and more.
However, the price must confirm the trend by breaking the wave (X).
In case, if price breaks the low of wave Y, it can fall up to 79.
At this level, wave W has traveled 100% of wave Y. After that, it will initiate an uptrend for the above targets.To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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