Author uses Gann, Fibonacci, Wave Analysis along with his unique leading indicator marking various degree levels. It is leading indicator helping in analysis suitable for Investment, Swing Trade and Intraday as well.
Analysis of ACC shows that it has taken support at 360 degree base of 1933.30 & headed towards 45 degree Level. There is a triangle formed, marked by blue lines. Let this triangle get broken either way and Red Line is the support line. Let the price do not break the red line, break blue line triangle and then expect a new high at resistant Green Line.
If red trend line is broken, find support at any of the black horizontal lines.
For execution, please use other indicators like William %R, EMAs etc. If you know Option Chain Analysis also, please use that also.
Disclaimer:
The Author is not a SEBI Registered Analyst. This content has been created only for educational purposes and there is no recommendation to buy to sell. Before, making any decision, please consult your Financial Advisor.
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