nikhilvenkataraviteja
Long

Symmetrical Triangle and Parallel Channel

NSE:ACC   ACC LTD
Go long after it breaks the triangle.

1. It is traded in the parallel channel , taking support downside should touch the upper channel.
2. Centerline is around 1400 which should be our target 1.
3. RSI near 60 range.
4. Good green volume to be considered.
5. After a long time, it left 10 SMA .
6. OI is build up fo Long
Trade closed: target reached: Made high of 1423 .
Target reached. Wait for more

Comments

What will be short term Target
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ganganiv nikhilvenkataraviteja
@nikhilvenkataraviteja, thank you. It seems acc is in consolidating around 1360 to 1375
Reply
Good eye for patterns man!
Reply
@IbankerSid, Thanks mate
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