ABB Daily NSE Stock Chart Technical Analysis:
The price remained range-bound today and ABB closed at 804.
Market Outlook:
- This looks like a shorting opportunity with a targets of 775 and 760, and stop-loss near 820.
Technical Indicators:
- There is a Doji candlestick followed by a Spinning Top, and the price has just tested and failed to break through its resistance. Moreover, today's candlestick is completely contained within yesterday's range.
- The trading volume has also dropped back significantly.
- All signs, that ABB has failed to climb above its resistance and is now falling again.
ABB Daily NSE Stock Chart Technical Analysis:
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