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By EquityPandit

ABBOTINDIAMARKET OUTLOOKSTOCK OUTLOOK

Abbott India Outlook for the Week (May 27, 2024 – May 31, 2024)

Abbott India
Abbott India
Abbott India closed the previous week on a negative note losing 3.88%.

Technically, Abbott India share price will see immediate support at 25,688.37 and immediate resistance would be seen at 26,725.37.

If Abbott India share price closes below immediate support of 25,688.37, then sharp breakdown can be seen. Abbott India share price will see major support at 25,184.68 for the week.

27500.0027500.0027000.0027000.0026500.0026500.0026000.0026000.0025500.0025500.0025000.0025000.00Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30May 6May 6May 9May 9May 14May 14May 17May 17May 22May 22Reversal Level 26525.40BuyBuySell

On the positive side, immediate resistance will be seen at 26,725.37. Closing above 26,725.37, Abbott India share price will see a sharp breakout. Major resistance for Abbott India share price will be seen at 27,258.68 for the week.

Trading range for Abbott India share price for this week should be between 24,651.37 on down side and 27,762.37 on up side.

Abbott India Previous Week High: 26755

Abbott India Previous Week Low: 25718

Abbott India Previous Week Range: 1037 Points

Abbott India share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 27,762.37
Resistance 2 27,258.68
Resistance 1 26,725.37
Support 1 25,688.37
Support 2 25,184.68
Support 3 24,651.37
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