ACC
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1. RESISTANCE IN MONTHLY CHART BROKEN
2. RETEST IS SUCCESSFUL
3. MAKING NEW HIGHS
WHERE TO BUY
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1917
WHERE TO BOOK PROFIT
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2100 LEVELS
WHERE TO BOOK LOSS
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CLOSE BELOW 1780
REFER CHART FOR CLARIFICATION
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This stock is following this channel pretty well and I have shared ACC trade ideas a couple of times in the past.
Now stock is again trading near support, let's see if it goes towards 2000 levels or come to the 1700 zone.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ACC has been in the channel pattern since December 2020
It has also taken support at 50EMA
Enter around 1800
To encourage my work, give a like and show your support. Thank you!
Please stay safe! Happy Trading!
Regards,
Segan
ACC- Flag / channel breakout
Can add to your watch list , can go long after closing above flag with small SL , maintain position sizing according to your risk . Thank you
NSE:ACC
The structure has taken the shape of ending diagonal.One can go short on rally or on break of lower trend line,TGT:-Start of wave 4.STATUTORY DISCLAIMER:This is my first attempt at ELLIOT WAVE. Any mistakes should be seen indulgently.
The acc is Follow major uptrend going up with healthy retracement we spotted this at major support. If market is suitable conditions trade with your way
