ABB India is showing a strong bullish momentum $ABB

ABB India is showing a strong bullish momentum in today’s market with the stock trading around ₹6500+ and outperforming the broader indices. The stock gained more than 3% intraday, indicating fresh buying interest in capital goods and automation space. 📈 ABB India Breakout Setup 7 Technical View CMP: ₹6500–6550 zone Immediate Resistance: ₹6650 Major Breakout Level: ₹6700 Support Zone: ₹6350 / ₹6200 Trend: Bullish above ₹6350 Volume: Strong buying volumes seen today A sustained move above ₹6700 can trigger a fresh breakout rally towards: 🎯 Target 1: ₹6900 🎯 Target 2: ₹7200 Indicators RSI moving above 60 → bullish momentum Price trading above key EMAs Higher high & higher low structure intact Why ABB Is Strong? Strong traction in electrification & automation business Data center and industrial capex theme supporting growth Institutional buying visible in recent sessions Trading Strategy Aggressive Buy Above: ₹6700 Positional Support: ₹6200 Traders can trail stop loss as momentum remains positive.