ACC 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.
Fibs- 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 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.
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...
ACC ltd is making support level. Watch this stock. Weekly chat formed double bottom with close and cross. If break 2155. Then Start it's rally to reach 2380. 2090 is stop loss after breakout.
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...
NSE:ACC Time to SIP ACC for long term wealth generation
Do your own research before investing in any stock.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
NSE:ACC Time to SIP ACC for long term wealth generation.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
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...
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...
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...
* 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.
📊 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...
WIT Short Opportunity in ACC
If price comes at entry level before reach at target level then go for short.
Trade at your own risk.
We are not SEBI registered.
ACC stock is in consolidation phase. A very high probability that Break out above 2050 . +VE RSI divergence can bee seen. Once RSI cross above 60 can get good result . A very good risk to reward trade. This is for your educational purpose only.
