c0dchef

ACC - Trendline Observations

Long
c0dchef Updated   
NSE:ACC   ACC LTD
Trendline Observation(s). A simple trendline breakout on 30M Chart of ACC. BUY 1655.1 -> 1670. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Order cancelled:
No clear direction. Choppy moves. It has to cross 1655 from below for a breakout rather than opening above at 1658(Today) and hovering around 1650-1660s since than. There is no momentum here. Up down up down around the same price points. Let's see if it gives a move in the later part of the day. But still, I will prefer a clear breakout from the buying/selling price rather than passing time after opening above/below.
Comment:
1670.90. Will analyze this one. One could've bought with day low as SL. mainebolatha.in. It's all hindsight analysis after it is done. Will take a note regarding this for future use.
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