sureshk05

Hidden Bullish Divergence in ACC Limited - Positional Buy

Long
sureshk05 Updated   
NSE:ACC   ACC LTD
Hidden Bullish Divergence observed in daily charts & stock is trading near support levels of 1385 levels. It is having strong support near 1338.
Stock may move downwards as markets are correcting, eventually stock is likely to trend upwards to 1425+ levels.
Positional Buy ACC @CMP of 1385
Target - 1425, 1450, SL-1338
Trade closed: target reached:
ACC made an intraday high of 1423.90.
Stock is now trading near resistance zone. One can exit or hold on for next target by revising the stop loss.

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