Acc has staying at higher levels since past few months.
Consolidation started back in 2011 and it lasted for almost 10 years and with current scenario and policies all around future is looking bright for the construction & its components which makes it much more interesting.
Monthly chart for the reference:-
People who follow me or understand my style must know the targets which should be the difference of the consolidation.
Along with this it is following a particular trendline as well which makes it look like a triangle pattern in Daily timeframe.
Since last few days it has been consolidating and looks like good one to bet.
This stock can be a good bet for investment as well as swing trades.
Keep an eye folks. Cheers and Happy Trading.
Consolidation started back in 2011 and it lasted for almost 10 years and with current scenario and policies all around future is looking bright for the construction & its components which makes it much more interesting.
Monthly chart for the reference:-
Along with this it is following a particular trendline as well which makes it look like a triangle pattern in Daily timeframe.
Since last few days it has been consolidating and looks like good one to bet.
This stock can be a good bet for investment as well as swing trades.
Keep an eye folks. Cheers and Happy Trading.
