ABBOTINDIA - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 3.6

Here’s a breakdown of ABBOTINDIA’s intraday potential based on your parameters and current technicals

📊 Technical & Momentum Analysis

RSI (47.8): Neutral zone, not indicating strong momentum either way.

MACD (281): Positive, but flattening—suggests waning bullish momentum.

Volume (7,528 vs Avg 9,289): Below average, indicating low intraday interest.

Price vs DMA: Trading slightly above 50-DMA (33,171 ₹), which may act as support.

📈 Intraday Buy & Exit Strategy

If you're considering a fresh intraday position

Optimal Buy Price: Around 33,200–33,300 ₹, ideally near the 50-DMA support.

Profit-Taking Exit Levels

Target 1: 33,750 ₹ (minor resistance)

Target 2: 34,100 ₹ (stronger resistance zone)

Stop-Loss: 32,950 ₹ (below recent support and psychological level)

If you're already holding the stock intraday

Exit on Weakness: If price drops below 33,000 ₹ with rising volume and MACD crossover.

Exit on Strength: If price nears 34,000 ₹ but RSI crosses 60 with declining volume—indicating exhaustion.

⚠️ Risk Factors

High P/E (50.4) vs Industry PE (32.0): Valuation is stretched.

Low intraday volume: May lead to slippage or poor execution.

Neutral RSI & MACD: No strong directional bias.

Would you like a similar breakdown for swing trading or long-term holding? Or perhaps compare ABBOTINDIA with another pharma stock?

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