Study - A good uptrend of a famous company construction equipment's seen. Taking support of 50 ema Multiple times.
Conclusion -
We may see 15-20% up move with Risk - 1 , Reward - 3 to 4
This chart is only for educational purpose. Do your own study before taking any trades
ACE CONSTRUCTION weekly upward channel breakout with bullish. Monthly resistance breakout of 515. The very good upward trend of this script. Stop loss 515. If it sustains above the resistance of 594 in day it will reach the target of 662
NSE:ACE
✅ #ACE trading above Resistance of 486
✅ Next Resistance is at 577
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not...
ACE stock has strong support at 50 EMA level. On higher time frames stock is very strong & bullish. Long-term swing trade as well as an investment opportunity in the stock. Long above the forming Pin bar above 440 with the ride in trend. 500 levels can be seen in the short term. This is for your educational purpose only.
NSE:ACE
✅ #ACE trading above Resistance of 415
✅ Next Resistance is at 486
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not...
Action construction long.
Upward triangle and if breaks it on upside then good upmove is expected. Need volumes to sustain the same levels. 440-468
No Recommendations, Just view based on chart.
Stock Name - Action Construction Equipment Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 397
#This is not Buy and Sell recommendation to any one. This...
a good uptrend and price sustaining above previous breakout; the volatility needs to be contracted prior to next breakout for a sustainable structure development. However if volatility increases then fake breakout is a possibility
Only for educational purpose.Not a recommendation
A small cap stock with good fundamentals from Industrial manufacturing sector. Stock is now in a strong resistance range. If it moves up from here , can expect a good upward move. Have support at 333 levels.
This infra player is back on growth path after a short break!
NSE:ACE
Action Construction Equipment Ltd. is a material handling and construction equipment manufacturer with segments that include cranes, material handling/construction equipment, and agricultural equipment.
Disclaimer: For informational purposes only. Not investment advice. Not SEBI registered.
ACE:- Stock has given breakout by forming head and shoulders pattern, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
