With cement stocks trading near upper trend line which makes the sector to be more promising in the short term. ACC ltd being one of Adani's which will be having high speculation and stock have undergone huge correction of 35% from ATH.
ACC stock has a high potential for short term as the stock is trading at same price as of 8 years back. The stock has a good swing high of 60% and 40% swing low from the current price.
Buy ->1600-1650
Sell -> 2400-2800(12-15months)
Stop loss -> 1400-1450
ACC stock has a high potential for short term as the stock is trading at same price as of 8 years back. The stock has a good swing high of 60% and 40% swing low from the current price.
Buy ->1600-1650
Sell -> 2400-2800(12-15months)
Stop loss -> 1400-1450