Acc Facing Hurdle Near Reesistance Price 1750 Revers From Channle Range Major Resistance Line Now Running #ACC Strrong #BEARISH Divergance Directional View Rsi Clearly Showing Down Trend or Price Going Up Unexpacted. Overall Midium Term Trend Is Down For Support Test 1350. @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education...
1) DOuble top with rsi divergence 2) doji at 60 on weekly Negative 1) news of capacity expansion 2) price rise in north region and co is relatively cheaper than peers
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expecting some good move in cement sector as overall most of cement companies are showing good momentum
High OI Stock making lower lows Old plants so ebitda/tonne is also lower arounf INR 480/tn No trigger
BTST IN ACC CEMENTS SEPTEMBER FUTURES TESTING 20-DMA BUY@1596 STOP@1580 TARGET@1625 LOT:400 QTY:2
SWING TRADE IN ACC CEMENT(CONDITIONAL) RANGE BREAK-OUT POSSIBLE ASCENDING TRIANGLE WITH HIGHER LOW FORMATION CONDITIONAL BUY BUY@1651-55(ABOVE 1650 ON CLOSING BASIS) STOP@1638 TARGET@1680 LOT:400 QTY:2
If it breaks 1600 then next resistance level will be 1900. SL -1600. Stock has broken flag pattern 1) Stock has been in uptrend for last 2 months 2) Half yearly results were better than other competitors 3) Trades cheaply as compared to other players in the sector due to older and less efficient cement plants 4) SC allowing pet coke import will improve the margin
will like to stay long in the counter considering the risk reward ratio !
We can see that at every attempt to break the zone of 155 INDIA CEMENT is getting stronger. So in the third attempt in a 30 minutes chart we can see buyers taking control. On a daily chart 154-155 was a resistance zone which will be broken. you can buy cash, future or call option . Target 164.
should stay cautious in acc for short term
Initiate BUY add on dips upto Trendline. If stocks takes support from Trendline/100 MA, invest for 30-40% gains in short term. Maintain SL of 400
NSE:ULTRACEMCO Weekly Chart. AB=CD in process. Stock above safe buy zone. But seeing the previous wave this trade seems risky. Enter with small quantity. Stop loss below C zone (3783). Target D level = 5200+ By end of Feb 2018.
Short ACC below 1795 T1: 1770 T2: 1750 T3: 1730 SL: 1827
Ultratech has closed above the trend line and 13wk moving avg (as there are 13 weeks in a quarter) on weekly chart indicating strength. We can expect it to gain some momentum in the coming weeks T1: 4500 T2: 5100 SL: 3940