ABB - Technical Analysis with Chart Patterns & Indicators
Last Updated Time : 19 Sept 25, 2:16 pm
Back to Technical ListTechnical Rating: 4.3
Here's a detailed technical analysis of ABB India (ABB)
📊 Trend Overview
Current Trend: The stock is showing signs of a short-term reversal from its previous downtrend and is now attempting to trend upward.
Price Action: Trading at ₹5,435, slightly above the 50-DMA (₹5,330) but still below the 200-DMA (₹5,806), indicating a potential recovery but not yet a confirmed long-term uptrend.
📈 Momentum Indicators
RSI (66.9): Bullish zone, approaching overbought territory. Indicates strong buying momentum but caution near 70.
MACD (25.8): Positive and rising, confirming bullish momentum.
Volume: Current volume (3.06L) is above 1-week average (2.65L), suggesting increased participation and strength behind the move.
📉 Volatility & Bands
Bollinger Bands: Price is near the upper band, indicating bullish momentum. A breakout above the band with volume would confirm strength; however, risk of pullback increases near this zone.
📌 Support & Resistance Zones
Type Price Zone (₹) Notes
Support 5,330 – 5,400 Near 50-DMA and recent consolidation base
Resistance 5,800 – 6,000 Near 200-DMA and psychological round level
Breakout Zone 6,200+ Above this, next target is ₹6,800 – ₹7,500
🎯 Entry & Exit Strategy
Optimal Entry: ₹5,350 – ₹5,400 (on dips with bullish confirmation)
Exit Zone: ₹5,950 – ₹6,200 (partial profit booking); ₹6,800+ (final resistance)
Stop Loss: ₹5,250 (below recent swing low)
🔍 Summary
Trend: Reversing upward
Momentum: Strong bullish signals from RSI and MACD
Volume: Rising, confirming interest
Outlook: Positive short-term momentum; watch for breakout above ₹5,800 for trend confirmation
Sources: TradingView Technicals
1
, ETMoney Technical Analysis
2
, Investing.com India
3
Would you like a peer comparison or alerts for breakout signals on ABB?
1
in.tradingview.com
2
www.etmoney.com
3
in.investing.com
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