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Finkhoz Roboadvisory Services

18th Feb · SEBI-Registered Analyst

ABB
Shows Renewed Strength, Bulls Regain Control

ABB
is turning bullish after a prolonged consolidation, with the stock reclaiming the ₹5,800–5,900 zone and showing signs of renewed buying interest. The broader structure remains positive, supported by higher long-term highs and strong demand emerging near support. The recent bounce, backed by steady volumes and a firm price base, suggests accumulation rather than distribution. If the stock sustains above ₹5,750, it could move higher toward ₹6,200–6,400 in the coming sessions, keeping the bullish bias intact.

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