ABB

- New trend with crossover

has resumed its primary uptrend after a fresh bullish crossover of the 20-day and 50-day moving averages, indicating improving momentum. The stock is trading above both moving averages, keeping the broader structure positive. Immediate support is placed around 7,600–7,620 (20-DMA), followed by 7,490–7,500 (50-DMA). On the upside, 7,800 remains the immediate resistance, and a decisive breakout above this level could open the door for fresh highs and continuation of the prevailing trend. As long as the stock holds above the moving averages, the overall bias remains constructive.