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vinothbabu13
Oct 21, 2021 7:07 PM

PullBack From Here Long

ACC LTDNSE

Description

Buy between 2225-2235
SL - <2181 (day closing candle)
Target - 2370, 2440

Comment

1st Target done - 2370

Trade closed: target reached

Comments
sudeepkumar264
It appears to have broken the trendline ...are you still bullish on this stock ?
vinothbabu13
@sudeepkumar264, Expecting a good bullish movement from here. If we draw horizontal support line, it should be near the red candle. Also, volume was good 5 candle before (green). But, let's see. How it goes. Your point is a valid one.
sudeepkumar264
@vinothbabu13, but on 1 hr chart, it has formed head and shoulder pattern..
vinothbabu13
@sudeepkumar264, yes right.. lets c..
sudeepkumar264
@vinothbabu13, as per Fibonacci levels (15 minutes chart) tomorrow it should touch 2222, 2229 & 2240. If all goes well it may touch 2254 also.
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