Buy ABB for target of Rs 730: Angel

MUMBAI: Angel Broking recommends buying ABB for a target of Rs
730.

“ABB has given a 3 & 8 moving averages
positive cut on the daily chart with rising volumes. Further it has given a positive crossover on RSI and Stochastic osscilators which suggests further upmove. Traders can buy this stock at current levels with a stop loss of Rs 680 for a target of Rs 730 in 3 - 5 trading sessions,” said the Angel Broking.

Note: Stop Losses, targets and time frame are indicative and readers should use their discretion in following the same. Stop lsses / trailed stop losses should be strictly implemented in order to protect profits / reduce losses. Non adherence to the same can lead to bigger losses at times.