naitikgolakiya
Long

Go Long Acc cement - Reversal time

NSE:ACC   ACC LIMITED
I am providing my analysis on weekly time frame . Based on pure Candle stick analysis without using any indicator .

If you can take a look at last few weekly candles price has corrected sharply .... and now it's candle size is decreasing ... it's making narrow candle every week .
And this week it looks like hammer ...

We can go long from here with pre-defined stop-loss or we can wait for a reversal signal and then enter .
Jul 10
Trade closed: target reached: Target Achieved in 2 weeks .... Enjoy
From 1249.45 to 1392 -> 11.4% up
What a superb bounce !! Closing price as of 26-07-2018 1522.70
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