ACC Harmonic ABCD Pattern on Weekly chart tgt 2057-2130
ACC is looking bullish on daily and weekly charts
1. Formed ABCD pattern on weekly chart
2. Weekly close above Upper Bollinger band
3. Narrowing Bollinger Bands
4. Daily RSI Above 60
5. Daily Ascending Triangle Breakout at 1848 levels
5. Price Above 20 SMA (weekly)
Strong Support at 1870-1820 zone.. Buy on dips for a positional target upto 2130 (minor resistance near 2097 levels) and Investment Target of 3200 +
I am not an expert I just share interesting charts here, Please seek expert advise before investing as investment in stock market is subject to market risks.
1. Formed ABCD pattern on weekly chart
2. Weekly close above Upper Bollinger band
3. Narrowing Bollinger Bands
4. Daily RSI Above 60
5. Daily Ascending Triangle Breakout at 1848 levels
5. Price Above 20 SMA (weekly)
Strong Support at 1870-1820 zone.. Buy on dips for a positional target upto 2130 (minor resistance near 2097 levels) and Investment Target of 3200 +
I am not an expert I just share interesting charts here, Please seek expert advise before investing as investment in stock market is subject to market risks.
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