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navingoyal2003
Jan 28, 2023 1:11 PM

Educational Price Action Analysis Long

ACC LTDNSE

Description

ACC
If a stock takes support on quarterly EMA 20 and monthly support area then it can bounce back to the nearest resistance area.
Levels are to be checked on a closing basis only
Entry above 1900
Target 2200
SL 1800

Comment

Tomorrow monthly close is coming hence one should analyze the same.

Comment

ACC is closed well above EMA20 and above the monthly resistance hence lets see our hypothesis will work or not...
Comments
blissfulOwl5007
2000ce @90 bought for next week , hoping 2200 it should cross , any positive from Adani will help.
navingoyal2003
@blissfulOwl5007, Best of luck.
blissfulOwl5007
@navingoyal2003, SIr JI near 2000. shall i book or wait for MOre i mean 2200 tgt?
navingoyal2003
@blissfulOwl5007 it depends on your time frame..
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