Trade ideas
ACC- Bullish
Drawn is a butterfly showing bullishness of ACC. with first resistance at 1827 and then target of 1838.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
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Be care full at 11-24-23 1:17 PM
ACC - Simplest Analysis
Drawn are the major resistances for ACC. It will turn bullish above these levels. Have patience and execute accordingly.
Today's major candle is 11-16-23 10:17 AM
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
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ACC
For the sake of simplicity I have drawn only a white horizontal line on the chart. Buy above this only if it crosses this line on or after 16th September 2023.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
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ACC - Long
Swing Levels have been provided on the chart. Please note that the price is just below 200 SMA drawn in white.
Today's important time candles have also been provided. Wait for the levels to come and execute.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
ACC - Breakout * Given a breakout as marked in the chart
* Formed a cup & holder pattern
* Retracement from 50% Fib level
* Triangle pattern breakout
* Target 1 - Triangle pattern depth
* Target 2 - Fib level upside
* Target 3 - Depth of the cup & holder pattern
Note: This is purely my personal view and not a trading recommendation.
ACC | Swing Trade📊 Details
ACC Limited (incorporated in 1936), a member of the Adani Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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ACC formed Bearish Marubozu on 1DNSE:ACC ACC Limited (Formerly The Associated Cement Companies Limited) an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936.
ACC formed Bearish Marubozu and gave closing below it.
Entry : 2024.5
Target : 1913
SL : 2106
RR : 1.36
ACC - Taking Support at 1933.30. Long above this level.
Author uses Gann, Fibonacci, Wave Analysis along with his unique leading indicator marking various degree levels. It is leading indicator helping in analysis suitable for Investment, Swing Trade and Intraday as well.
Analysis of ACC shows that it has taken support at 360 degree base of 1933.30 & headed towards 45 degree Level. There is a triangle formed, marked by blue lines. Let this triangle get broken either way and Red Line is the support line. Let the price do not break the red line, break blue line triangle and then expect a new high at resistant Green Line.
If red trend line is broken, find support at any of the black horizontal lines.
For execution, please use other indicators like William %R, EMAs etc. If you know Option Chain Analysis also, please use that also.
Disclaimer:
The Author is not a SEBI Registered Analyst. This content has been created only for educational purposes and there is no recommendation to buy to sell. Before, making any decision, please consult your Financial Advisor.
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