Short ACC below 1815 . Entry taken after the TL BO Target 1725-1705 SL 1865. 2:8 Risk reward. RSI at below 40. Also chart forming M pattern bearish. This is for your educational purpose only.
Short ACC Intraday Or BTST
Short - Below 1810
SL- 1745
Target - 1765 1730 1670
For Nifty And BankNifty Intraday Calls
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ACC - Daily time frame Analysis - Looks like profit booking
Travelling in a Bullish Channel can come down
Targets 1950- 1900- 1870- 1821- 1780+
Sl 2025 candle closing basis
can buy 1950 PE on CMP
If the current levels are sustained (1930 - 2000) and the breakout continues after the retracement, stock is likely to reach 2100 in the next few days..
Likely a strong uptrend as the resistance levels were reach and rebound 10+ times and then the breakout occured
ACC is trading near it's resistance. It has tested the resistance multiple times but unable to give a breakout. We can see a resistance breakout in coming 1-2 trading sessions. You can take a positional trade when the price crosses high of the breakout candle. SL will be the nearest swing low.
The stock ACC has successfully crossed ATH level of 1870 and is currently trading above 1900. It has retraced on the daily chart to the ATH and has seen bullish push from the retracement. The stock looks like a good buy from here with the target of 2450 (1.618 Fib retracement).
ACC forming good triangular patter on hourly chart and has good accumulation at the top of the trend line.
Good buy at 1921 SL 1900
Invalid below 1900
Target 1960
CMP 1912
