Tech_stock_trader

ACC LTD on bullish trend

Long
NSE:ACC   ACC LTD
ACC stock again at the BO level of 1340. On daily chart we have clearly seen the W pattern forming on the charts. So after the Bo of neckline above the price of 1340 we can take long entry for the next price target of 1400 & 1453 with the SL of 1290. Once stock able to cross the level of 1400 keep your SL trail or book profit according to your reward to risk ratio. So add the stock in your watch list to see the price action movement.

Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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