Triangle pattern breakout on ABBOTTINDIA. Positional Trade.
The stock has been consolidating in a triangle pattern for almost a year and had given a breakout on 11 December but retraced to its support levels. As the support remains strong, expect the stock to become bullish above 16000 levels as it breaks out from the POC levels.
All levels are mentioned in the chart.
All levels are mentioned in the chart.
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