Analysis mentioned on Chart View negates if it sustains above 1800 levels
The stock is consolidating near its strongest resistance and tend to be near its trend line, hoping for a breakout soon.
Conditional short in acc if cannot break mention levels one can short with proper stoploss
NSE:ACC NSE:ULTRACEMCO ULTRATECH CEMMENT Daily Bar (log scale) Bearish Sequence 1st Motive, i.e., Impulse move finished @ 6944.20 level Our Upside target was @ 6974.85 but the stock reversed from 6944.20 level We are expecting a fall in ULTRATECH CEMENT in coming weeks ACC LTD Daily Bars (log scale) Bearish Sequence Wave 5 of 2 in Progress, but there's...
Based on Elliot Wave Analysis, Wave 5 seems to be forming an Ending Diagonal structure, which is followed by an extreme reversal on the downside.
This guy has given a Break out after 3.8yrs , a wonderful opportunity for investors and swing traders one can expect a move of 8-10 % , i would personally suggest to buy when there is RETEST of trend line,the reason behind this is you can enter with a minimum SL if we talk in numbers then, one can enter at 1580-1590 with SL of 15-20 points and can expect 3:1 or...
Acc has staying at higher levels since past few months. Consolidation started back in 2011 and it lasted for almost 10 years and with current scenario and policies all around future is looking bright for the construction & its components which makes it much more interesting. Monthly chart for the reference:- People who follow me or understand my style must know...
short if acc closes below 1812....daily basis. TARGET.....1680
RS turns positive but RSI still giving divergence the consolidation can go on till RSI recovers to 62 above that 10 % move can come
ACC taking good support of 50 EMA Also good to buy at 1833 Target of 1900- 1910 within a time frame of 2 weeks.
Acc seems to be moving in channel, do note that price is at all time high and has faced resistance previously.
ACC Limited Trend on the daily chart is uptrend with a support at the 1800 levels. RSI is above 50 too which means that it is in the bullish region and I am unable to find any sure shot bearish signal here. Hourly charts on the other hand doesn't look good in the first go. The black lines are the uptrend range which has been broken at close today. But we can...
ACC chart analysis for intraday and swing trading
The stock has shown great strength today and closed near the resistance line. If it sustains above the trend line, we may see 2000 levels soon. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Cement sector is in boom. See how these 13 stocks are performing SHREECEM--> RAMCOCEM--> ORIENTCEM--> MANGLMCEM--> HEIDELBERG--> JKLAKSHMI--> STARCEMENT--> DECCANCE--> INDIACEM--> ACC--> SANGHIIND--> NCLIND--> SHREDIGCEM-->
RR is really good. Bearish WW and Bearish Divergence confluence.