ACC - At Crucial Support zoneBullish candle formation at 50EMA, the volume has also good. Should be a good candidate for Pullback trading.
ACC trade ideas
acc on supportstock has taken support on trend line it has tested the trend line for 4 times now wait for confirmation on the stock and go long if it gives a green bar tomorrow then we can assume our immediate target is 1880
key points -
1)multiple time retested the trend line
2)inverted hammer formed today
Would ACC Break this Channel This Time?ACC is following this channel for a pretty long time and let's see if ACC takes the support here again or sell the channel this time.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ACC good short candidateAcc spot cmp 1860,,
Bearish Wolf wave formation,,
Price rejection around supply line of rising wedge
Bearish divergence on RSI..
Good short candidate
A breakout to happen in ACC Ltd The stock is consolidating near its strongest resistance and tend to be near its trend line, hoping for a breakout soon.
Elliot wave Analysis # Bearish Sequence Nifty Infra Index ScripsNSE:ACC NSE:ULTRACEMCO
ULTRATECH CEMMENT
Daily Bar (log scale)
Bearish Sequence
1st Motive, i.e., Impulse move finished @ 6944.20 level
Our Upside target was @ 6974.85 but the stock reversed from 6944.20 level
We are expecting a fall in ULTRATECH CEMENT in coming weeks
ACC LTD
Daily Bars (log scale)
Bearish Sequence
Wave 5 of 2 in Progress, but there's still room left for ACC
Next Projected target towards downside is @ 1702 level
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ACC - Extreme Reversal expected Based on Elliot Wave Analysis, Wave 5 seems to be forming an Ending Diagonal structure, which is followed by an extreme reversal on the downside.
A wonderful setup for ACC. wait for RETESTThis guy has given a Break out after 3.8yrs , a wonderful opportunity for investors and swing traders one can expect a move of 8-10 % ,
i would personally suggest to buy when there is RETEST of trend line,the reason behind this is you can enter with a minimum SL if we talk in numbers then,
one can enter at 1580-1590 with SL of 15-20 points and can expect 3:1 or definitely more .
ALL THE BEST.
LET me know if anyone makes some profit from this ,
REGARDS
ACC- Is stock mein Jaan HaiAcc has staying at higher levels since past few months.
Consolidation started back in 2011 and it lasted for almost 10 years and with current scenario and policies all around future is looking bright for the construction & its components which makes it much more interesting.
Monthly chart for the reference:-
People who follow me or understand my style must know the targets which should be the difference of the consolidation.
Along with this it is following a particular trendline as well which makes it look like a triangle pattern in Daily timeframe.
Since last few days it has been consolidating and looks like good one to bet.
This stock can be a good bet for investment as well as swing trades.
Keep an eye folks. Cheers and Happy Trading.
ACC buil-up before next moveRS turns positive but RSI still giving divergence
the consolidation can go on till RSI recovers to 62 above that 10 % move can come
ACC - SWING TRADINGACC taking good support of 50 EMA
Also good to buy at 1833
Target of 1900- 1910
within a time frame of 2 weeks.
ACC ChanelAcc seems to be moving in channel, do note that price is at all time high and has faced resistance previously.
ACC LimitedACC Limited
Trend on the daily chart is uptrend with a support at the 1800 levels. RSI is above 50 too which means that it is in the bullish region and I am unable to find any sure shot bearish signal here.
Hourly charts on the other hand doesn't look good in the first go. The black lines are the uptrend range which has been broken at close today. But we can also see that the resistance where a double top pattern was made has been broken on the 4th of March 21. ACC has been resisting the 1807 levels since January this year and made a high of 1894 after it broke free. I will consider the candle breaking our trend as some glitch and will still consider ACC on an uptrend.
There has been a slight uptrend since 4th March 21 and the close today has respected an uptrend as well. This could be a form of symmetrical triangle which is a bullish pattern but the move might be slow.
The data shows that ACC has strength so I will let my gut feeling say that we should buy ACC for a short-term trade. The stop loss can be maintained below 1800 and the targets can be 1850 followed by 1870 in a span of a week.
