An ascending triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a...
Hidden Bullish Divergence observed in daily charts & stock is trading near support levels of 1385 levels. It is having strong support near 1338.
Stock may move downwards as markets are correcting, eventually stock is likely to trend upwards to 1425+ levels.
Positional Buy ACC @CMP of 1385
Target - 1425, 1450, SL-1338
We can see a good movement on ACC tomorrow .
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.
if not sustain on support level which around 1359-1350 see big downside movement target would be 1360/1355/1350/1340/1335
if any case sideways than...
Clearly on all TFs ACC stock is gaining the momentum & trading above the 50 EMA level. Also RSI level is indicating towards uptrend.So in next trading session in any pull back at lower side but above the level of 1280-1285 try to take long entry for the target price of 1308. Next major resist. level for the stock is 1320. Once this level crossed & stock able to...
We have clearly seen the bullish trend forming on the charts of ACC LTD. The stock has successfully break out given today @ 1300 level but closed below the level of 1300. So long entry will be taken only after the 1300 level for the next move till 1350. Now stock is moving above the 50 EMA. So add the stock in your watch list .
Always do trading as per your...
- stock is making a pennant formation on daily chart
- RSI is above 50 so stock is in bullish mode
- Trading Volume is high
- if the daily candle closes above the trend line and crosses 1320 Fibonacci Level, buying triggers for 1430 levels.
- if the daily candle closes below the trendline below goes below 1230 then we can...
Stock is moving in a clear uptrend, you can trade on both the side in the channel.
When touches the trend line on down go long and sell on the upper trend line for the short term.
Trade for 1st June can be taken to short it for the target price of 1230 as from the divergence can be seen.
Pro tip - Swing traders can hold the stock for the short term. It is...
ACC is near its trend line and if it sustains it can go up focus on vwap on 5 min timeframe to make your decision
i would suggest not trade but to observe on monday
please point out if there is any error
tell me more stocks which i should analyse
i am still learning
- 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.
Writing it quickly as it's in live market. 75 min TF has a nice divergence at Daily Support shown by the green arrow. Also, price breaks TL giving me poisitive feel about NSE:ACC . Though, there's nothing in Weekly and Monthly to support.
In 15 mins also, there is TL break and support break with big green candle with EMA...