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Acclong

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_
Simple Trade Setup | ACC | 16-08-2021NSE:ACC Observations: 1) On Daily Time Frame it has closed below 21DMA on 13-08-2021. Since last 3 days it has been failing to close above 21DMA. Please refer Chart below: 2) Another interesting thing is that in Option Chain data major short covering was seen at 2400 call option for August expiry. 3) It has taken support from 2250 level two times. 4) On 15min time frame, it has made lower lows in price while in RSI it made higher lows. This is the sign of bullish divergence. If on 16-08-2021 it sustain in range till 2290 or above and RSI is takes support from that trendline and maintain above it then it will be a quick buy trade. However if it breaks the RSI trendline then the bearish trend will continue. ---------------------------- Trade Setup: 1) If 2300 level will work as good support zone then we can see another upside move.But a safe Buy trade entry should be above 2320 level breakout immediate target 2330. 2) But if it fails to hold 2300 level and breakdown below and continue to take resistance from 2300 level then it will be a down fall. 3) Also if it breaks down 50MA and at the same time RSI breaks down the trendline then it will be short trade. 4) All the levels will work as support, resitance, entry and tareget w.r.t to price action near to that level. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:ACC
by Trading_hawk
ACC 23rd July 2020 trade setupWe can see a good movement on ACC tomorrow . Buy side If crossed 1376 it's resistance level and sustain we can see a good movement on upper side 1390 or 1400 plus will be a target. Sell side if not sustain on support level which around 1359-1350 see big downside movement target would be 1360/1355/1350/1340/1335 Sideways if any case sideways than movement between 1360-1380 but as per my understanding possibilities are very less. If case of gapup & gapdown targets will be same. Note- As of now based on RSI, upside side movement possibilities high. Pattern- Double bottom pattern can seen on 5 min chart.
NSE:ACCLong
by anuragtrivedi0302
1
ACC LIMITED | ADAM & EVE Pattern Spotted- ACC Cement is forming a reversal pattern. - This pattern is ADAM & EVEN Pattern. - For any pattern formation there neckline plays very important role because that level decides that the pattern is going to play out or not. - Will Buy once it closes above the highlighted zone which is neckline and breakout confirmation. - TARGET = Height of ADAM from neckline. - Stop Loss, Will use wide stop loss and add more if it retest the highlighted zone will keep 1-2% SL from the highlighted zone.
NSE:ACCLong
by Noob_Trad3r