[Premium] Trade Of The Week

JC Parets
December 21, 2022

This week we're looking into the Healthcare Sector. On a broader level, it is a weak sector, but a few stocks are moving higher along strong segments of the market.

Abbott India has broken above the key base breakout level at 20,750 with momentum in the strong territory. Earlier this year, the price faced a huge overhead supply here. So, sustenance above it would be the critical level to portray the change in investors' sentiments.
We're bullish above the risk management level of 20,750, with a target close to 21,950 and 23,900.

Click on the chart to zoom in.

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Allstarcharts Team

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