Infra spending is one of the main focus of Narendra Modi government and this will not change going forward because their way of DEVELOPMENT goes this way. NSE:ACC is owned by Adani and they will be playing a big part in this.
ACC breaking flag pattern with good volume rsi EDUCATIONAL IDEA
If the price can sustain above 2675 then its in blue sky territory of ATH. Given that the overall market condition is also at highs, keeping only a 1:1.5 expectation. Strict SL and also trail along. --- --- --- Good trades become good memories; bad trades become good lessons. - Yvan Byeajee
📊 Details ACC Limited (incorporated in 1936), a member of the Adani Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market. Disclaimer: This analysis is solely for educational purposes and does not make me a...
ACC stock is in consolidation phase. A very high probability that Break out above 2050 . +VE RSI divergence can bee seen. Once RSI cross above 60 can get good result . A very good risk to reward trade. This is for your educational purpose only.
If ACC start trading above previous day high it can give a breakout of ascending triangle in few days, SL and target mentioned in chart
NSE:ACC ACC Limited (Formerly The Associated Cement Companies Limited) an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936. ACC...
ACC has showing reversal pattern on 1D Candle. 2 Types of entry 1. Entry on Previous Swing Breakout Level 2. Entry on retest level of Trend Line. Target 2177
Swing and Long term call. Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
Decent consolidation and the hammer candle at the trendline suggests going long.
ACC is trying to breakout of H&S breakout - reversal pattern
buying on breakout strategy 1840 ce around 63 disclaimer - trade @ own risk
Attached: Custom Cement Index/ Nifty 50 Daily Chart as of 21st April 2023 (Note: The above Chart is my Custom Cement Index made up of all the F&O Cement Stocks and this is the Ratio/ Relative Strength Chart version of it, against Index Nifty 50. This gives us an idea of the Relative Strength of the Cement Stocks and used to find out whether they are likely to...
With cement stocks trading near upper trend line which makes the sector to be more promising in the short term. ACC ltd being one of Adani's which will be having high speculation and stock have undergone huge correction of 35% from ATH. ACC stock has a high potential for short term as the stock is trading at same price as of 8 years back. The stock has a good...
Entry, target and stop loss has been clearly marked in charts. please note that this chart is for educational purpose only.
ACC is holding at previous peaks of 1850. It is not closing below 1830 margin even with all the news about Adani and with a good result expect the stock to rise. If it closes above 1830, buy ACC