ABBOTINDIA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 2.6

📉 Intraday Trading Analysis for ABBOTINDIA

Abbott India Ltd. is not a strong candidate for intraday trading today, primarily due to weak momentum indicators, low volume, and lack of directional clarity. While its fundamentals are excellent, the technical setup does not favor short-term trades.

🔍 Technical & Momentum Overview

RSI at 38.9: Bearish zone — indicates oversold conditions but no reversal signal yet.

MACD at -535: Deep negative crossover — confirms strong downward momentum.

Price Action

Trading just above 200 DMA (₹30,979) but below 50 DMA (₹32,151) — weak technical structure.

Current price ₹30,980 is hovering near long-term support — risk of breakdown if momentum worsens.

Volume

Today’s volume (8,766) is below 1-week average (9,037) — extremely low liquidity, not ideal for intraday volatility.

52W Index at 48.7%: Trading mid-range — no breakout or breakdown bias.

Fundamentals

Excellent ROCE (46.2%), ROE (35.7%), and EPS (₹683) — long-term strength.

Low debt (0.05) and stable PAT — supports investor confidence.

High P/E (45.4) vs Industry PE (33.4) — valuation is stretched.

🎯 Trade Setup

If Entering Fresh Today

Buy Zone: ₹30,850–₹30,900 (near 200 DMA and support)

Profit Target: ₹31,200–₹31,300 (minor resistance zone)

Stop-Loss: ₹30,750 (below 200 DMA and recent swing low)

If Already Holding

Exit on Strength

If price approaches ₹31,300+ and RSI crosses 42 — signals short-term recovery.

Volume spike above 12K confirms momentum — consider partial booking.

Exit on Weakness

If price drops below ₹30,750 with MACD widening negatively.

RSI falling below 35 — signals breakdown risk.

🧠 Final Verdict

ABBOTINDIA is technically weak for intraday trades today. While its fundamentals are robust, the lack of volume and bearish momentum make it unsuitable for short-term scalping. Better suited for positional or long-term investing.

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