ABB

Breaks Out with Strong Momentum

has delivered a strong breakout from its consolidation zone, supported by a sharp surge in price and volumes. The decisive move above the ₹5,900–6,000 resistance area signals renewed buying strength and a potential trend reversal from the prior corrective phase. The strong bullish candle with elevated volume indicates institutional participation. As long as the stock sustains above ₹5,900, the momentum can extend toward ₹6,400–6,600 in the near term. The bias remains firmly bullish unless it slips back below the breakout zone.