ACC short term setupACC is no bullish trend, good to buy. Near by upside targets are 1340/1350. Invalid if breaks ascending channel pattern.
we can also consider those targets for tomorrow intraday trading.
Accltd
ACC LTD on bullish trendClearly 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 sustain well then it will touch the price level of 1352. So all type of traders & investors can add the stock in your watch list .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
ACC LTD on bullish trend.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 Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
ACC : Is it a Downward Pennant or a breakout to new upward trendhey everyone
- stock is making a pennant formation on daily chart
- RSI is above 50 so stock is in bullish mode
- Trading Volume is high
Plan A:
- if the daily candle closes above the trend line and crosses 1320 Fibonacci Level, buying triggers for 1430 levels.
Plan B:
- if the daily candle closes below the trendline below goes below 1230 then we can expect retracement upto 1135
This is for educational purpose only, comments are welcome.
Go short ACC for target of 1230 (1 June 2020)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 highly probable to reach the target level around 1350 at the end of June month.
ACCACC - Bullish Trend - Price moving in channel.
For Intraday trading - Buy-Sell opportunity inside channel as support marked.
ACC can go up although i am neutral 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 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.
Intraday Divergence Trade in ACCWriting 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 rejection. A hammer is also formed. There's a positive classical divergence too here. Looking to enter long intraday.
ACC | Possible PRZ for Short TFACC can reverse from the zone as shown on chart. Avoid the shorting if it goes above this level. If it does return from the PRZ then fall can be good but for short period consider the best target as per swing.
