ACC 23rd July 2020 trade setup
Updated
We can see a good movement on ACC tomorrow .
Buy side
If crossed 1376 it's resistance level and sustain we can see a good movement on upper side 1390 or 1400 plus will be a target.
Sell side
if not sustain on support level which around 1359-1350 see big downside movement target would be 1360/1355/1350/1340/1335
Sideways
if any case sideways than movement between 1360-1380 but as per my understanding possibilities are very less.
If case of gapup & gapdown targets will be same.
Note- As of now based on RSI, upside side movement possibilities high.
Pattern- Double bottom pattern can seen on 5 min chart.
Buy side
If crossed 1376 it's resistance level and sustain we can see a good movement on upper side 1390 or 1400 plus will be a target.
Sell side
if not sustain on support level which around 1359-1350 see big downside movement target would be 1360/1355/1350/1340/1335
Sideways
if any case sideways than movement between 1360-1380 but as per my understanding possibilities are very less.
If case of gapup & gapdown targets will be same.
Note- As of now based on RSI, upside side movement possibilities high.
Pattern- Double bottom pattern can seen on 5 min chart.
Note
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