AVWAP Study for Abbott India

[29th May, 2020, Friday EOD Analysis]

Bounce from Support with Consolidation BO:

- Stock resting at 50 DEMA but below 20 DEMA
- Volatility compressing ready to BO
- Bias is Long
- Note: The colorful lines in the chart are Anchored VWAPs (from range top candle, new range breakout candle, march bottom candle)

Buy Now for better Risk/Reward or wait to Buy above 17,050

Target @ 17,900 - 18,000 range. May exceed these levels!