Get started
InsiderB

ACC Good chance for Buy ! AB=CD Pattern

Long
InsiderB  
BSE_EOD:BOM500410   None
Double Bottom AB=CD Harmonic Patterns riskreward Bullish AB=CD Bullish Patterns rsidivergence Bullish Divergence LONG swingtrading
8
5
doublebottom abcdpattern harmonicpatterns riskreward bullishabcd bullish rsidivergence bullishdivergence long swingtrading
A very good opportunity for buying ACC which also offers a very good risk:reward of morethan 1:2

Also note that it has formed a double bottom very recently around the fib extensions of 1.618 along with Bullish Divergence in RSI. As these gives out enough reasons for going long I will be looking forward to Buy these in coming days.

Check your trade plan and reasons to enter the trade and if this idea suits..Hop on for the upward move.

Hit Thumbs Up for Likes...
Share/Comment your views...

Happy Trading !

Related Ideas

InsiderB
Mahindra Finance : Ready for Breakout Descending Triangle
InsiderB
State Bank of India (SBIN) - Intraday Trade
InsiderB
Descending Triangle : HINDUNILVR Weekly - Waiting for Breakout
InsiderB
Engineers India : Bullish Cypher Patter with Double Bottom
InsiderB
An Analysis : Awaiting Breakout in HDFCBANK
InsiderB
Nifty 50 Bearish (Short Term), continues downtrend move
InsiderB about NIFTY 12
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.