Long ACC after the BO of resistance zone @ 2225. All important levels are marked on the charts. RSI forms the bullish divergences. Stock is expected to BO the daily resistance area. Good risk to reward trade. This is for your educational purpose only.
NSE:ACC
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
NSE: ACC
If Breaks Then The Targets could be Taken at 2265
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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ACC Limited - 24.06.2022
The stock is trading @ 2098 levels
There is a SUPPORT Zone @ 2090 levels
There is a MACD Bullish Divergence in Daily Chart
The prices are at EMA
There is a DOJI in Daily Chart
RSI is 45 in Weekly Chart
One can initiate a BUY position around 2087-2089 levels, with Support @ 2055
Watch out for the price action
ACC - Trading in consolidation range from past few weeks - clear signs of breaking out
Trading above Weekly Pivot, Weekly VWAP, 20-SMA
Also moving away from a strong support line.
If the trend line crossed -- next immediate target 2286 and then 2396.
Add to watch list and spend time on own analysis.
ACC Limited - 03.06.2022
The stock is trading @ 2133 levels
The prices are at SUPPORT
The prices are at EMA
There is a MACD Bullish Divergence in Daily Chart
The prices are within a CHANNEL RANGE
The prices are near FIB RETRACEMENT LEVELS
Let the prices go above 2202
Watch out for the price action
If Breaks Then The Targets could be Taken at 1871.85 .
Time Frame :- 1 Day
Patterns Name :- Head and Shoulders
Symbol Name :- ACC
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Earlier VCP was followed by a good move. Target 1 was achieved. Then came back to SL area.
Now there are high chances for markets to reverse, one can go long in ACC for the mentioned Target 1. If sustains well above the Target 1, one can wait for a quick move towards Target 2.
Will review once again if Target 2 sustains, as it would be Breakout above Target 2...
ACC looks strong with a breakout above 2098 levels.....
Some profit booking can be seen... (upto trend line marked)
Any opportunity on downside... near trend line looks good entry....
Profit booking levels marked...
Over all bullish setup....
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ACC looks bearish on Weekly TF due to significant drop in delivery%. Uptrend to continue for 1 - 2 weeks and possible reversal.
The Target & SL has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
📈 ACC 📉
My Findings :-
1. Breakout of Downtrending Trendline Zone.
2. Breakout from a swing high.
3. Close above March high.
4. Higher High and Higher Low formation.
Bias- Long
Target- 2380 and 2572
SL- 2023
RR- 1: 1
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial...
ACC has crucial support at 2150 presently trading at 2208 hence upside targets of 2250 / 2300 are possible soon. It should rally with present rally in cement sector.
Acc gave breakout from consolidation zone important levels are marked on the chart resistance can be treated as the target from the current levels
Trade accordingly .
