Sunday, April 6, 2014

Abbott India (ABBOTINDIA )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

ABBOTINDIA Closes  at  `1822.35  with a Fall  of -0.70% on 04 April 2014 with formation of  a  Small Red  Candle on Daily  Price Chart with Huge Delivery Volume of 77.17% .Technically,  ABBOTINDIA  is Looking Week on Daily Charts & It is entering into a Berish Trend. Major Momentum Indicators are   Showing Weekness on Daily Price Chart.
We Recommend to SELL : ABBOTINDIA  at CMP                   
Target : `1793.80/1735.62/1717.65/1674.39
Stop: Loss :`1851.98
Time Frame: 5-25 Trading Days

Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market, Major World Indicies, Bonds, ETFs & Indian Economy. We use   Ami Broker   Charting Software (V-5.63),     Pattern Explorer (V-5.65)&   AmiTools-Power Scan(V-1.3.7).You can reach the Chartist here mail@niftynext.com Or Tel /SMS:  +91 880 2230 836.


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Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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