There is a buy on monthly time frame, however weekly remains neutral. On daily chart, since past 3 days price didn't move to take out resistance levels of 1509.10 and 1525.00 in one go. Price rise was sluggish just to take out key resistance level of 1509.10 yesterday. This scenario has a high probability of being a bull-trap. Go short below 1509.10 with stop...
1. Took entry on the break of wedge around 1503-1504 2. Waiting for a move up to 1538-1550
ACC breakout on bollinger band target 1580 sl 1541 clbs hourly cmp 1561
ACC has shown a good fall in last couple of days , i see a good recovery in all cement stocks in coming weak !
ACC BUY btw 1306 to 1330 TARGET 1- 1700 TARGET 2- 1860 Tenure - 4 -6 months Stoploss- 1250
TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Important : NIFTY 500 INDEX is also Going Towards 8200 Level. So Do Not Add Stocks In Portfolio till Nifty 500 reaches 8200 level.
Buy above 1538 Targets 1545, 1550, 1565, 1575, 1580
charts do not provide a clear picture here , would be interesting to see how it goes in coming days
Just trend based on long term view + risk management
Initial target is of 1606 and if daily candle closes below it then next target is of 1551
TRADE NIVESH | Buy Above 1709.2 with the Stop Loss of 1677.75
Acc Facing Hurdle Near Reesistance Price 1750 Revers From Channle Range Major Resistance Line Now Running #ACC Strrong #BEARISH Divergance Directional View Rsi Clearly Showing Down Trend or Price Going Up Unexpacted. Overall Midium Term Trend Is Down For Support Test 1350. @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education...