ACC looks weak in short term Short

ACC LTDNSE

Description

⋅ Jul 22, 2017 7:06 AM

in weekly time frame it is at strong resistance zone, also regular bearish divergence is formed.
It may come to 1670, 1600 level.

Note: this is not a short selling advice, as future trading is quite risky.

Trade closed manually

⋅ Aug 2, 2017 4:35 PM

weakness is missing, looks like it can give a breakout, from this resistance zone.