ACC trade ideas
ACC multi year breakout on cards.All observations on chart.
Since it is near to major resistance and it is attempting to cross resistance with higher or lows near to the resistance, i am expecting ACC to cross this hurdle in coming days.
It is a weekly chart.
ACC Positional View !ACC : cmp : 2348.1
A pole & flag kind of pattern has been formed in D chart. BO done.
Closing above previous high and RSI trending up.
Good to grab on dips.
TGT may be 2376/2406/2445
SL 2296 Dclbs
Positional TGT 2648
Positional Sl 2218 Dclbs
Option Strategy : Buy Aug 2360CE/2400CE
OR
Sell Aug 2300PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
[ INTRADAY ] ACC LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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#Acc cash : Looks good above 2375.10#ACC CASH -Positional call (Strong move)
29.08.2021
Looks good above 2375.10 and dips 2355-2360
stoploss 2335
Tgt 2440/2500
cmp 2348.10
ACC - BULLISH REVERSAL WITH HAMMER CANDLESTICK1) Stock took rest after long upward movement for few weeks
2) Reversal indication seen in the weekly chart after little bit correction
3) Hammer candlestick pattern at the end of downward movement is a bullish reversal indication
4) Refer chart for levels
Another opportunity to long in ACCRecently this scrip had broke the major resistance and now it had formed a wedge pattern and it is at he stage of breakout. This scrip is in an uptrend for a long time so we may expect some good up move in this scrip.
So there is another opportunity to long this scrip, those who are long at the previous breakout may add some quantities to average it.
ACC LTD | 12-15% Potential | 5% SLACC LTD | 12-15% Potential | 5% SL
The stock has taken the "Last Kiss" from the previous resistance and look to fly-high. Comment down if you want me to study any stock.
ACC : Channel pattern breakout and gave a good target.The channel pattern is very powerful. I took almost 10% profit in this stock. My risk-reward ratio was 1:3.5. Yes, and I got it easily. I found this channel pattern on a daily timeframe. Next time, I'll try to post those pattern before, so you guys can also learn with me and if you want then can take trades too. But, always manage your risk first. Thank You! NSE:ACC
ACC BreakoutACC TL breakout on 2 Hour chart. looks good for swing traders at CMP. 2340. Sl 90 Points
Short ACC for target of 2039. 9 EMA crosses below 20 and 50 EMA Hello Traders,
ACC looks bearish from all the time frame charts.
To trade the bearish side we need to either sell the future or we need to buy put options or we can sell Call Options.
1. From Call side the only viable strike price is that of 2200 CE 26th August (LTP 181). One can sell this option above 150.
2. And another way is to buy deep in the money Put option like 2420 PE 26th August (LTP 102.40). It is available at a discount of 28 Rs comparing the strike price and spot price.
3. The other way to trade this move is to simply sell Future. It requires huge margin.
My favourite trades will be 1st and 2nd one.
The first one benefits from premium decay, and downward move. Some say that option selling can have unlimited loss (thats true without SL).
The second one simply moves with the spot price so no momentum fears.
Our SL will be dynamic and based upon the spot price.We will keep our SL for all the three approaches above at 2371. So we will exit our position if the Spot price crosses above 2270 on daily basis meaning if it trades above 2270 around 03:25 pm then we will exit.
Happy Trading!
ACC chart analysisACC chart analysis for intraday and swing trading . all information given on chart
ACC SHORTSHORT ACC between 2344-2355
with SL 2380
FOR the TARGET OF 2150
R;R IS 1;5
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Elliot wave Analysis # Bearish Sequence ACCASSOCIATED CEMENT COMPANIES (ACC LTD)
Bearish Sequence, 15 Mins
Confirmation to Sell below 2290
Invaldation level @ 2327
Intraday Target: 2278, 2268
Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. ... Investment in markets is subject to market risk.
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.
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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.
swing Long in ACC with entry: 2271, SL:2240, TGT: 2420price neeche aa rha hai but volume support nahi kar rha hai. price ab yaha se double top banane ke liye up jayega,
trend:-
Monthly- UP
Weekly - UP
Daily - UP
1 hrs time frame mai ye 200ema par support le rha hai.
ACC buy callLong ACC as per given levels in charts. High probability to take support & reverse from the level. This is for your educational purpose only.
ACC to go for the run!Acc about to break the bigger channel in monthly timeframe. A good long term swing trade on the upside with a good risk to reward.
