ACC
ACC CAN CONTINUE ITS BULLISH JOURNEY ABOVE 1660 ACC CAN BE HOLD ABOVE 1660 LEVEL
IT FORMED AN INSIDE BAR BULLISH CANDLE IN 1W TIME-FRAME, THAT IS BULLISH SIGNAL
IF SUSTAIN ON THAT LEVEL, THEN POSSIBLE TARGETS ARE: 1700 & 1750
NOTE: THIS ANALYSIS TIME FRAME IS 1W,
THAT CAN GIVE RESULT WITHIN 3 TO 6 MONTH.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
ACC bullish VIEWTrendline and the specially designed volume action analysis suggest a BULLISH run on ACC.
TWO target are shown with green line, this is a short term weekly target.
If there is any unusual unrest seen in US over Election Then please avoid trading.
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my NEXT week analysis on ACC two resistance line are there with good volume supporting the BULLISH view.
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ACC LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
PRICE HAS BROKEN THE TREND-LINE BUT VOLUME HAS DECREASED COLLECTIVELY. IT MIGHT CONSOLIDATE ABIT MORE.
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!
Intraday / Swing Setup: Looks good for 1600/1640/1670Intraday / Swing Setup: Looks good for 1600/1640/1670
Intraday as well on swing looks really good to enter above 1580 for the target of 1600/1640/1670 with SL of 1570. Good risk to reward ration.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.