SSR1999

Easy pattern

Long
NSE:ABB   ABB INDIA LTD
Earlier neckline of Cup and handle was acting as resistance zone. But after the breakout it is taking support at the same line. So the point is if it consolidates around this line then a fresh new move will come. Also the stock is at All time high levels and PE ratio is around 130, SO BE CAUTIOUS IN SUCH COUNTERS.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.