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ACC

ACC looks weak…ACC looks weak… Reasons/Traits : • Bullish Cypher harmonic pattern is seen and will get activated below 2230 levels • 13 EMA touched 50 EMA today • Price bounced second time at 0.5 fib levels • Constantly falling RSI What can happen next : Scenario 1 : Price sustaining above 2230 levels can take it to 2285/2360/2450/2500 levels Scenario 2 : Price break down below 2230 can take it down to 2170/2100/2075/2000/1975 levels Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
NSE:ACC
by AdhigamaTrading
ACC STRONG INSIDE ACC following the H&S Pattern breakdown happen yesterday 300 points down side What Does a Head and Shoulders Pattern Tell You? A head and shoulders pattern is comprised of three component parts: After long bullish trends, the price rises to a peak and subsequently declines to form a trough. The price rises again to form a second high substantially above the initial peak and declines again. The price rises a third time, but only to the level of the first peak, before declining once more. The first and third peaks are shoulders, and the second peak forms the head. The line connecting the first and second troughs is called the neckline. How Do I Identify a Head and Shoulders Pattern on a Chart? The pattern is composed of a "left shoulder," a "head," then a "right shoulder" that shows a baseline with three peaks, the middle peak being the highest. The left shoulder is marked by price declines followed by a bottom, followed by a subsequent increase. The head is formed by price declines again forming a lower bottom. The right shoulder is then created when the price increases once again, then declines to form the right bottom. What Does a Head and Shoulders Pattern Indicate? The head and shoulders chart is said to depict a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end. Investors consider it to be one of the most reliable trend reversal patterns. How Can I Use the Head and Shoulders Pattern to Make Trading Decisions? The most common entry point is a breakout of the neckline, with a stop above (market top) or below (market bottom) the right shoulder. The profit target is the difference between the high and low with the pattern added (market bottom) or subtracted (market top) from the breakout price. The system is not perfect, but it does provide a method of trading the markets based on logical price movements.
NSE:ACCEducation
by mcpriceaction
📊 ACC On support buy need conformationNSE:ACC As one can see stock at harmonic support but here we need some conformation as we can see gap there it can fill that gap as well, and it might take reversal from dame candle as well so trade accordingly. Just wait for perfect reversal, then only go for long. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:ACCLong
by linesandlevels
ACC Long Legged Doji on 100 EMA supportAfter 1 month correction NSE:ACC has formed long legged Doji candle on 100 EMA.. A long-legged doji signals indecision about the future direction of the underlying security's price. Long-legged dojis may also mark the start of a consolidation period.. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur.. Since the pattern is viewed as an indecision period, a trader could wait for the price to move above the high or low of the long-legged doji.. The long-legged doji is more likely to give a valid signal if it appears near a major support or resistance level.. And since it is on support of 100 EMA one can bias with Bullish sentiments. If Stock starts to trade above High of Long legged Doji (2260/-) enter LONG position with SL at low of Doji (2200/-) or below 100 EMA.. for first target of 2360/-, & second 2450/- If stocks trades Below Low of candle (2200/-) enter SHORT position with SL at High of Doji candle (2260/-) for target 2100/- **EDUACATIONAL PURPOSE
NSE:ACC
by Prabodhan_K
Simple Trade Setup | ACC | 13-09-2021NSE:ACC Trade Setup for Date 13-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:ACC
by Trading_hawk
ACC Continuation Trade.Most cement sector stocks seem to be resuming their upward trend after the recent pullback. Amongst them, ACC looks nice to be traded for a swing trade. After running from the 5th July pivot low of 1975 to the swing high of 2454 on 04th August, it seems to have pulled back completing its 38% retracement at around 2275. It also has pulled back to the 20 EMA and has consolidated there. After this it has given signs of continuation by making a bullish bar with above average volumes as is evident in the chart. _____________________________________________________________________________________________________________________________________________________ A long position can be considered keeping the following levels in mind: LONG ABOVE: 2364 STOP LOSS: 2311 TARGET 1: 2417 TARGET 2: 2470 For a better and surer entry, wait for a 15 min candle to close above the "LONG ABOVE" level with above average volumes. _____________________________________________________________________________________________________________________________________________________ Manage your risk properly and trade your plan. Like and follow for more. :)
NSE:ACCLong
by Tradeception_