vaidhynathdubey

ACC made head and shoulder

Short
vaidhynathdubey Updated   
NSE:ACC   ACC LTD
cement sector shows bad quarterly results .
1. head and shoulder pattern.
2. RSI week.
3. Trading below monthly pivot.
target 2040.
Comment:
after making doji moves a bit. but only buy close above shoulder.
Comment:
ACC don't break the neckline and break the shoulder. .although structure is still weak. still 2475 need to be broken. neutral to sell bias is intact.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.