ACC - Descending Triangle Breakout Long

ACC LTD.BSE

Description

⋅ Jan 11, 2017 10:52 AM

It is been observed on the hourly chart that the price action breaks and closes above the descending triangle with long green candlestick, indicating a further strong up move.

Target: 1365

Stoploss: 1335

Risk Reward: 1:1

Trade active

⋅ Jan 12, 2017 3:50 AM

Trade active

⋅ Jan 13, 2017 3:48 AM

Trade closed: stop reached

⋅ Jan 17, 2017 5:22 AM

Comments

abhishekm83

⋅ Jan 12, 2017 7:16 AM

Can I go long at current price(1345) in futures?

NeeteshJain

⋅ Jan 12, 2017 7:25 AM

@abhishekm83, Yes, with SL 1333. Regards

abhishekm83

⋅ Jan 12, 2017 8:59 AM

@NeeteshJain, Thanks :)

abhishekm83

⋅ Jan 12, 2017 10:44 AM

@NeeteshJain, I did not make any position yet, is it still a good buy?

UnknownUnicorn646072

⋅ Jan 17, 2017 7:03 AM

sir i think it will go uside towards your target again

gulz

⋅ Jan 12, 2017 9:00 AM

Bought @ 1336 , taken reversal :)