ACC trade ideas
ACC Ltd, Live Resistance breakoutNSE:ACC
Stock trading ATH
Tried to breakout resistance level and trading in range for the few days, can take position on breakout candle closure
SL nearest candle low and target 3-6 %
Both technical and fundamental wise stock looks good can hold medium to long term.
ACC Ltd - 11.06.2021ACC Ltd - 11.06.2021
The stock has made a high of 2062 during the week
There is a bullish harami followed by a spinning top in daily chart
prices are above ema
watch out for price action
one can initiate a long position above 2050 with a support @ 1990
ACCIF TOMORROW MARKET OPENS GAP-UP WAIT FOR PULLBACK NEAR BLUE ZONE CANDLES REJECTION AS SUPPORT GO FOR LONG OR
MARKET OPENS GAP-DOWN WAIT FOR PULLBACK NEAR BLUE ZONE CANDLES REJECTION AS RESISTANCE GO FOR SHORT
{IF IT SUPPORTS TRENDLINE GO FOR LONG OR IT BREAKS WAIT FOR RETEST AND GO FOR SHORT} NSE:ACC
Acc channelAcc is trading in channel pattern look for up side or downside break out if break up side can be considered for swing trade also
ACC LTD on positiveif ACC breakes 2030 level and sustain it for one or more days We can take a long on it otherwise we have to wait
A Triangle Pattern in ACCAdd this to your watchlist.
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LONG ON ACCACC
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1. RESISTANCE IN MONTHLY CHART BROKEN
2. RETEST IS SUCCESSFUL
3. MAKING NEW HIGHS
WHERE TO BUY
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1917
WHERE TO BOOK PROFIT
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2100 LEVELS
WHERE TO BOOK LOSS
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CLOSE BELOW 1780
REFER CHART FOR CLARIFICATION
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Everyday morning before market opening, I will post nifty levels for the day. Kindly check it out.
ACC Next Move - 2000 or 1700?This stock is following this channel pretty well and I have shared ACC trade ideas a couple of times in the past.
Now stock is again trading near support, let's see if it goes towards 2000 levels or come to the 1700 zone.
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Happy Trading!
InvestPro India Team
ACCStock resistance level 1990-1995
Give clear Breakout upto 2100-2150 above 2000
huge volume comes after 2000
ACC - Channel patternACC has been in the channel pattern since December 2020
It has also taken support at 50EMA
Enter around 1800
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Please stay safe! Happy Trading!
Regards,
Segan
ACC- Flag / channel breakout ACC- Flag / channel breakout
Can add to your watch list , can go long after closing above flag with small SL , maintain position sizing according to your risk . Thank you
NSE:ACC
