In the Weekly Chart of ACC ,
we can see that; it did not give Cup & Handle breakout.
Possible momentums are shown in chart.
If it breaks Cup & Handle we might see a 15-20% up move.
From last 4 days fight is hyphening between buyers and sellers, tomorrow if it opens near 2000 and breaks 2007, strong upside momentum can be seen for intraday.
Price ready for fresh upmove and closing above the trendline is the confirmation.
Buy - 2104
Target - 2165 / 2257 / 2350
SL - 1990
Maintain SL as per risk management.
NSE: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...
It's very nice structure building, my r:r is very low
Only risk is pramotor? 🙁
Trade with stoploss of 1950 target 2020
Not for long term investment only swinging trading advisable
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,...
INTRADAY TRADE
ACC LTD Looking good for upside..
When it break level 2048 and sustain.. it will go upside...
BUY@ 2048
Target
1st 2073
2nd 2103
ACC AUG FUT – 8 LOT (Qty-2400)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
ABOUT
ACC Limited (incorporated in 1936), a member of the LafargeHolcim 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.
PROS
Company is almost debt free.
Company has been maintaining a healthy dividend payout...
In this analysis, we will thoroughly examine the technical aspects of ACC's chart, highlighting the bullish breakout of the falling trendline, bounce from the 100-day Simple Moving Average (SMA), and the solid strength shown by the Relative Strength Index (RSI). Additionally, we will take into account the positive fundamental indicators, such as the...
In the Weekly Chart of ACC ,
we can see that; it has given Inverted Head & Shoulder breakout.
Let it retest properly then we can enter with SL and Target.
ACC is looking bullish on daily and weekly charts
1. Formed ABCD pattern on weekly chart
2. Weekly close above Upper Bollinger band
3. Narrowing Bollinger Bands
4. Daily RSI Above 60
5. Daily Ascending Triangle Breakout at 1848 levels
5. Price Above 20 SMA (weekly)
Strong Support at 1870-1820 zone.. Buy on dips for a positional target upto 2130 (minor...
closed above 50 DMA 1807.19 with increased volume. debt free and holds a big reserve of 13855 crore. Company is able to get direct benefit from Government's infra expenditure.
ACC has showing reversal pattern on 1D Candle.
2 Types of entry
1. Entry on Previous Swing Breakout Level
2. Entry on retest level of Trend Line.
Target 2177
