ACC READY TO SELLMomentum is losing and the price is near the resistance. Also SGX nifty tells to open flat or in negative.
Trading is subjected to market risks. Any loss or profit is not attained or connected with me.
ACC trade ideas
ACCACC - Bullish Trend - Price moving in channel.
For Intraday trading - Buy-Sell opportunity inside channel as support marked.
ACC seems bullish above 1240ACC:
Currently in no-trade zone
CMP - 1227.10
If daily close is above 1240, buy for:
T1 - 1327
T2 - 1418
Stoploss - 1125
Time Frame: 25-30 days
ACC - near the neck lineAs published earlier, ACC is at neck line of C&H pattern.
If the break out is done, one can book profits nr 1300 partially. And, reenter low for target of 1400.
ACC 1D ChartBuy above 1265. Target/SL will be updated will be updated. 1265 will act as resistance. If that resistance is broken, we can see a up move.
ACC Short SellACC is in downtrend and has corrected from bottom about 30%. now it is showing reversal candlesticks pattern. We can short @1137 with SL of 1265 and target of 925
ACC Double Bottom Chart PatternACC has formed a double bottom pattern at 1175 and also broken trendline on Friday. If tomorrow ACC and Nifty open on a positive note then ACC can go till 1210 and even touch 1240 if sentiments are highly positive for the coming 2-3 days. Also, watch out for support and resistance levels you can plan breakout trades if these levels are broken.
Please Note - All the green lines mean the support zone/demand zone
and all the red lines mean the resistance zone/supply zone.
ACC is clearly in "UPTREND"...Acc is clearly in "UPTREND " but it is facing a strong RESISTANCE between RS 1,240 - 1,260 ,if it clears that level we can see a big rally.
You can take short trade in intraday if it reaches the resistance zone as it is strong resistance probability is less that it will clear that resistance at once.
NSE:ACC
ACC 1223 to 1245, 1.8% capturedWas bullish on ACC stock in morning so I waited for day's high to break and also made my followers aware of this position. My targets were 1245 where I booked 50% and then trailed. 1245 is also the resistance for intraday.
ACC made high of 1257, I booked whole amount at 1249 after it made a indecision candle.
Trend Following - Shorting A Rally - Risk/Reward 1:6 Trading Philosophy - Trend Following
Trading Strategy - Shorting a Rally in The Downtrend.
Trading Set-up - Retracement - Resistance - Chart Pattern
Entry - Short at 1210
Stop-loss 1257
Target 974
Risk/Reward 1:5
Why short?
Price retraced to 1237 (0.50%) of its previous swing. (1579.60 to 895.15)
Price is trading in Resistance Zone.
Anticipating price action making a double top chart pattern.
How I Set Stop-loss - Price broke the previous swing high, and trading below that level. Today's high is 1257, set as a stop-loss.
How I Set Target - Expecting to price to resume the primary trend and may take a deep retracement at 0.78% of this counter-rally which is at 974.
50% Retracement & Anticipating Double Top Chart Pattern
Support Becomes Resistance or Supply Zones
ACC in a dilemma w/ a pattern once again (A Quick Short).Closing below 1120 a positive signal for a short.
Trade active below 1120.
Keep the SL around 1160 or 200 EMA on Intraday basis (Acc. to your own risk appetite) (1130 as of now).
or 1190 on a Swing trading basis.
Happy Trading :)
ACC can go up although i am neutral ACC is near its trend line and if it sustains it can go up focus on vwap on 5 min timeframe to make your decision
i would suggest not trade but to observe on monday
please point out if there is any error
tell me more stocks which i should analyse
i am still learning
ACC : 10th May 2020ACC Long Idea
Buy: 1136.05
SL: 1123.45
Target1: 1148.70
Target2: 1161.30
*If Price opens below the zone cancel the trade
*If price spends time near the buy price cancel the trade
ACC Ltd- Neutral
ACC Ltd – Stock Review (Neutral)
ACC Ltd gave a small rally from 940 level, however prices failed to sustain above resistance level of 1216. From last few days, prices are range bound and has been moving in a range of 1101 to 1206. Even today, the stock witnessed selling from its resistance trend line & closed just below it. The overall trend for ACC Ltd still remains on the negative side. For the next few days, the stock is expected to trade in the above range with lower upside. If prices break the support level of 1101 the stock can further fall till 960-950 level.
Indicators-
Moving average – Neutral
RSI – Slightly Positive
ACC LIMITED | ADAM & EVE Pattern Spotted- ACC Cement is forming a reversal pattern.
- This pattern is ADAM & EVEN Pattern.
- For any pattern formation there neckline plays very important role because that level decides that the pattern is going to play out or not.
- Will Buy once it closes above the highlighted zone which is neckline and breakout confirmation.
- TARGET = Height of ADAM from neckline.
- Stop Loss, Will use wide stop loss and add more if it retest the highlighted zone will keep 1-2% SL from the highlighted zone.
ACC Triangle pattern , Just around the trend line . Reversal candle seen . Only negative is nifty. Nifty seems bullish.
If nifty goes down. ACC goes down along with it.
ACCTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
