NSE:ACC   ACC LIMITED
Short ACC 1631 nearby
Target 1614 to 1609
Stop loss 1638
May 07
Comment: wait for second target.
May 07
Trade closed: target reached
May 08
Comment: we have seen here initiate move in ACC and breakdown channel.
More than Targets..1563..Bumper Targets!!
+1 Reply
What is excess ? stop loss hunting?
+1 Reply
@vishnux, an area where price overact and fall back to channel.
+1 Reply
vishnux Kinnari_Prajapati
@Kinnari_Prajapati, What if there is a tail and we enter ,but it goes into excess zone
Reply
@vishnux, if we found TAIL on excess, we can move against to the recent trend. its has 90% probability to to success in side.
+5 Reply
DL2626 Kinnari_Prajapati
@Kinnari_Prajapati, I'm struggling with trades.... Maa'm! could u please suggest some thing following which I can trade well? Like time frame - 1 minute or 5 minute etc ? Chart HeikiNashi or normal or both? trade only in 5-10 stocks with charts present in front of all the time? OR is it easy to find trade with volume ? Trade only in morning or noon or stick to monitor whole day?? Please !!!
Reply
very good analysis. Must have been a windfall fir followers!
+1 Reply
What does price rotation mean in detail?
Reply
@bgmungekar, looks like consolidation
Reply
@bgmungekar, price rotation means, price move up and down in certain range and where buyers and sellers try to handle the price. After the price rotation, usually spike can be see.
+2 Reply
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