Decent consolidation and the hammer candle at the trendline suggests going long.
ACC Cmp - 2284 Stop - 2200 Expectation - T1 - 2350 T2 - 2500, Review at 2500 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
ACC could break out of this 14-year-old channel pattern in the monthly chart. Keep in radar for a breakout momentum in the medium/long term period.
NSE:ACC ACC has maintained good support from 2013.40 and changed the trend from the sideways to uptrend. Now it is treding above the trendline and taking support on it. Trader can only buy above 2090 levels with target of 2115 & 2158. But there will surely come a correction to check support from 2065-2070.
Acc setup for 10 November 2020 Target entry is flgi