ACC trade ideas
DECADAL TREND LINE BREAKOUT ON BIG TIMEFRAMEACC STOCK HAS BROKE OUT THE TREND LINE OF MONTHLY TIME FRAME.PORTFOLIO ADDING CAN BE DONE . AFTER CLOSING . NSE:ACC
ACC: Could see some long unwindingACC has been moving up strongly in a narrow channel and has risen almost 200% since March 2020. It has broken the long-term resistance line and moved up exponentially. The weekly RSI has reached an all-time high seen last 10 years ago. Some profit-taking could be seen in the weeks ahead and the price could fall to 2000-2050 zone before resuming the upmove.
ACC long term trade with a multi year breakout NSE:ACC
AMAZING breakout in ACC in all important time frames with good volumes and 9-20 ema crossover(monthly).
2500-2600 targets. 3-5 months investment time
'ACC' analysis for 22nd July 2021Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
ACC's Channel within a Channel: Is it going to be exponential?🚀Once the scrip breaks upper bar of the ascending channel. It zooms like anything. The same pattern has been showcased by many stocks in the past. One of the best examples are JSW steel and JSW energy.
Acc breakout moment. Volumes spurt. BullishAcc has just brokeout on yesterday with huge volume. Good pick for tomorrow to long.
ACC - Correction StartsACC
Sell - Below 2300
Sl - 2325
Target - 2245 2200 2135
In Intraday ACC can be bought also.
Buy- Above 2345
Sl - 2320
Target - 2400 2450
I have shared an idea to book longs in ACC. Now, Time to short it.
ACC Breakout in coming days...Forming box pattern since June first week...
If breaks out upside at 2077 first target is around 2130 to 2150. If it breakout long term trend beyond 2150 next target will be 2200++..
If break out is downside at 1990 first target is 1961. If it breakout beyond 1961 next target will be 1930 to 1940...
Possibility of breakout in upside is more than downside...
Now You see How ShreeKrishna Makes Tons of Money (1245 to 2400) Exactly 20 July 2020 I posted an Post saying it will go to 2050+ , Now today is 20 July 2021 We made tons of Money
ACC has completed my forecast & moving in Extended mode
Now you see why shreeKrishna always Makes Tons of Money
Yeeeeeeeeeeeee haaaaaaaaaaaaaaaaaaaaaaaaaa
Posting my Previous Post click to see how it unfolded
Acc may accelerate - Intraday on 20th Jul 2021I see good volumes towards the end of the day. Expecting some move tomorrow for intraday.
PS: This is my own view. Trade on your own analysis.
SEE HOW THE TREND WORKS..... ACC Ltd is India's foremost manufacturer of cement and concrete. The company's research and development facility has a unique track record of innovative research, product development and specialized consultancy services.
ACC Ready for Bollinger BLAST ARE you Readyin.tradingview.com
ACC Monthly BB Blast Almost at Upper Band
in.tradingview.com
ACC Weekly Time Frame BB Blast now in upper Band
ACC is in UPTREND based on BB movement.
Price trend can be seen with good volume as we know that for every trend we need combination of price (uptrend)+ Volume+ Strength (RSI is in good zone) and this all when mix gives strength to the stock.
ACC is in full bullish mode and in near term good reward can be seen.
ACC perfectly followed Fibonacci levels and Technical levels.NSE:ACC
Look how ACC perfectly followed Technical and Fibonacci levels.
First on 15-07-2021,
It went to check demand in range of 2067-2069. And got good supply from there (marked with black circle in Candle Chart).
And after that we can see big green candle, which broke trend line in Candle chart (Marked with blue arrow in Candle Chart) and at the same time it also brake the Bearish Divergence ( Red Line in RSI) trend line. Breakout Point is marked with Blue Arrow in RSI. This shows the breakout and the trend to go bullish.
And as mentioned in chart in my previous post about ACC making bearish divergence, we can only get sell opportunity in ACC if it trades below 2066. So there was no trade to sell ACC on 15-07-2021.
Now Today, 16-07-2021
It closed above our Target 1 as per Fibonacci level. So now the next target to watch in ACC is 2160 as per Fibonacci levels. You can take positional trade.
Hope this helps you to understand the analysis of technical aspect for trading.
Comment below if my Ideas are helping you to understand the analysis.
Also comment your suggestion or doubts.
All the best for trading in next week. Have a good weekend.
Can you guess the Divergence in ACC ? NSE:ACC
Today, 14-07-2021, it has formed a BearishDivergence.
So far ACC has maintained good support from 2014.7 and changed the trend from the sideways to uptrend.
Now it is trading above the trendline and taking support on it. Trader can only buy above 2090 levels with target of 2115 & 2158 .
But there will surely come a correction to check support from 2065-2070.
Due to Bearing Divergence formed today, Selling opportunity will come below 2066 levels.
Green lines are Fib levels for the target if you short/sell it below 2066. But a strong closing and with stock trading below 2066 for few minutes is needed to be in a safe short side trade. Be quick in taking out profit on Intraday.
All the best.
If any doubts/suggestions, do comment below.
