ACC trade ideas
ACC Long(cement sector bullish)Entry above 1700
SL 1570
above all important moving average
accumulation zone is 1520-1500
cement sector looking bullish on chart(ambuja and Ramco)
one can also take position on 1800CE on BO only for quick gain
ACC forming triangle as well as channel patternWait for the correct breakout to enter and wait for the proper signal.
#acc BreakoutAfter some consolidation and moving in a range, Acc has given breakout from the range. Sustaining above 1736 may push the price towards 1768/1800/1836 levels.
Regards
ACC - range contraction forming in the stockstock is going into volatility contraction. Keep in watch list for volatility expansion
ACC Charts looking strongHello Traders
I am expecting good upside move in acc in coming days , Trading above both 50 & 21 ema.
if break mentioned level could upside move can be seen.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
ACC bullish VIEWTrendline and the specially designed volume action analysis suggest a BULLISH run on ACC.
TWO target are shown with green line, this is a short term weekly target.
If there is any unusual unrest seen in US over Election Then please avoid trading.
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my NEXT week analysis on ACC two resistance line are there with good volume supporting the BULLISH view.
will give follow back to all the followers.
Please comment and let me know about my analysis, Follow for more analysis.
Breakout from Triangle Pattern, Go Long in ACCAsian paints has given breakout from triangle pattern on hourly chart with strong volumes.
Buy between 1685-1695 with SL at 1670 and target of 1746.
Ascending Triangle pattern in ACC
Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy.
A long trade is taken if the price breaks above the top of the pattern.
A short trade is taken if the price breaks below the lower trendline.
A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
ACCKeep an Eye Marked Demand and Supply Zone
Note:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
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Happy Trading!!
ACC Short
Price should open above the trend line then and then only the trade will be valid.
Stoploss as per ones capacity. I usually go with 1% of the shorting price
