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...
The value of 60.5 resists the crude oil in making higher high.
It has bounced back sharply from the resistance and crossed a critical support as well.
Hence we expect it to retreat and come to support levels of 58.23.
Godrejcp trading near the trendline is facing resistance and can be shorted for lower targets.
Average entry 1283 & 1277
Target 1 1755
Target 2 1707
Reward min 70
Reward max 118
ROR1min 1.3 At first part book level
ROR2max 2.2 At last target