Long on ACCFormed a hammer on 1D tf, now follow up coming, can go long with strict SL.
This is only for educational purposes, trade at your own risk.
Trade ideas
ACC LTD Analysis ON 23 Dec 2023 (Mid Term view)ACC LTD Analysis ON 23 Dec 2023 (Mid Term view)
Fundamentally strong stock with less debt
and high FII holding
keep strict stoploss - 1800 (on closing basis)
target 2250
2450
2650
2800
ACC at Breakout Level Weekly AnalysisACC already follow a uptrend .
Resistance Zone : 2720.40 - 2785.10
After breakout of this range we can see a good move of 2900.
Support 1: 2628
Support 2: 2559.75
Don't take any position on short side for now.
Scenario will be happen:
price maybe side base near 2720-2559 and after the take a breakout.
ACC READY FOR 3500The stock has been forming a cup and handle pattern and has amazing fudamentals , it can yield great returns in near future the immediate target for the stock is 3786
ACCAs per weekly chart layout, short term hurdel are 2680 and 2770, keep this stock in radar, as this stock in bullish trend, on the day of price action this stock can go for 2800 and 2900 level in the coming week, call options of 2800 and 2900 of Feb And Mar expiry can be watched closely.
ACC Option All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL 1hr candle close only, Target Trigger Price
All Time High PossibilityIf the price can sustain above 2675 then its in blue sky territory of ATH.
Given that the overall market condition is also at highs, keeping only a 1:1.5 expectation.
Strict SL and also trail along.
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Good trades become good memories;
bad trades become good lessons.
- Yvan Byeajee
ACCAmbuja Cements Limited (50%) is the holding Company of ACC Ltd and LafargeHolcim Ltd is the Parent company for the Group.
ACC and Ambuja cement together have 12-13% capacity share in the Indian cement market.
#Acc cash : Looks good above 2650 and dips 2580-2600#Acc cash -Positional call
09 Feb 2024
Looks good above 2580-2600 and add
more above 2650
Target 2950-3000/3300
Stoploss 2450
Cmp 2628
The uptrend continuesFib- After a sharp rise the counter is now taking support at 38.2% from a higher zone. This is extremely bullish.
RSI- the oscillator has taken the support above the bull range both on the 1hr chart and 22 min chart. This is very positive. On the 4he chart it is taking support above the bear range of 60-65 thats again positive.
MA- on the 22 min chart three MA's are together. This is an indication of a sharp move .
Conclusion- One can buy this stock after watching the first 15 min price action.
#ACC Shortterm Investment PickACC at reasonable price., few levels below to trigger. Accumulate in small parts for a better reward to risk. Follow risk management, and #stocks diversification.
ACC Ltd.#Why I'm taking this trade?
On the daily chart smart money forming falling wedge chart pattern, but break out is not happened. So if you are a breakout trader you can wait for the breakout, but I have already taken the trade as I expect the breakout to be on the upside and I am very bullish on this stock also because bullish divergence is forming on daily and weekly charts.
Buy @ 1650 to 1700
Put the stop loss below 1600 on the closing basis
Upside target @ 2000 then 2200
Disclaimer:- Before taking any trade do your own analysis and consult your financial advisor, because I'm not a SEBI registered advisor.
ACC Daily TF ACC Daily TF breakout chart. Breakout with huge volume. One can enter above high of breakout candle or after trendline retest.
ACC looking very strong for upside expecting 15-20% return -upper trend breakout with high volume & strong candle
-rsi is currently weak and showing a bearish divergence if not goes up in next 2-3 trading sessions better to stay away
-currently looking good above 2500 level keep in radar
ACC cmp 2260 Hammer @ SupportACC cmp 2260 dated 18-1-2024
1. Hammer Candle @ trendline support
Buy above 2268 target 2300-2325-2350-2385-2400 SL 2200
It is just a view, please trade at your own risk.
Dip is a buying opportunityFibs- shows strength
Trendline- Break of the falling trendline is an indication of strength.
RSI- above 40 on both time frames is very positive.
Conclusion- Its a good buy at CMP with R1 at 2330 R1 2370
CEMENT Sector ViewCement sector stocks are facing a little resistance at the top and let's see if it breaks the zone and starts a new rally in the coming months.
NOTE: I'm not a SEBI REG. Study before investing.
ACC
Current price behavior is similar to the corrective phase behavior observed during year 2012.
Prices have confirmed medium term strength by clearing its resistance around 2090.
The MACD is also giving a bullish signal by going by trigger line.
As per pattern, price should now make all time high around 3000.
Bullish outlook remains intact as long as price is above 2090.
RESISTANCE BOACC Getting ready for fresh bo above resistance line
only for educational purpose
not for recommdation
