Lucifer759
Short

ACC - Neckline Retest

NSE:ACC   ACC LIMITED
Sell ACC at 1520 SToploss 1550 Target 1384 (positional)
Trade closed: target reached
dear friend...i have different opinion on your analysis...the H&D pattern already gave target. It's not retest. It's trend reversal, which we can identify in hourly chart. be caution on short
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Lucifer759 JohnSmit
@JohnSmit, Yeah it can also be a trend reversal but risk reward is in favor and the stock is in the process of creating a Right Shoulder on weekly chart with 1285 as Neckline so its safe with that stoploss in place.
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JohnSmit Lucifer759
@Lucifer759, Ok..let's wait and see in coming days
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