Tech view on ABB India By Kunal Shah, LKP Securities
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Below is Tech view on ABB India By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The stock after a long period of consolidation has given a fresh breakout on the daily chart. On the F&O front aggressive bullish positions have been made since the last couple of days where fresh long built-up is visible. The Momentum oscillators are in a strong buying zone confirming the internal strength of the stock. The demand zone for the stock stands in the range of 2425-2400 with an SL of 2300 and a target of 2600-2700 on the upside"
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