Big Bull Candle at the Double bottom. Looks like good times can come in ACC. Target 1350/400 SL 1265
Short @ Market price @ Market Open Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script. This system works on Daily bars and so entries or exits are at the next market open after getting signal. Key performance metrics generated from TV Backtester are published below (2007 to 2016). Enter with 3/10 th of your...
I am developing this simple three step strategy for intraday as well as positional trading. The saying is "trend is your friend". My strategy is to ride the trend and involves three moving averages and three time frames - the 5, 13 and 34 period moving averages and the 1 hour, daily and weekly time frames. Buy the stock if its price is above the 5 period moving...
ACC has been trading in down trend and it is now approaching the channel resistance it closed on weekend forming a bullish hammer which signs a bullish move but very little. Traders may enter short at slightly higher as it may go up to 1350, this is very good level to short with a target of 1215.
The fall in ACC has not been surprising - governments crackdown on black money has dragged real estate and infrastructure stocks in the red, with ripples felt in the allied sector such as cement. The stock was already on a decline - last week's news made the fall steeper. ACC has successfully retraced to 0.382 of its top at CMP of 1400 What indicators are...
ACC Cements trading in dwon trend for several months, it seems to be setting stage for trend reversal, it has retraced to crucial fibo 61% level and from a bullish hammer but unable to breakout it is testing down trend channel resistance., risky traders can enter further short at CMP, conservative traders may enter short when it retest 1490.00 resistance again...
Gartley Pattern is forming on ACC. Potential Short Entry @ 1700 Profit Target @ 1650 SL @ 1735 Happy Trading!!!
The stock has been a steady performer and in a long term uptrend. Note how price has bounced off the pitchfork. The zoom & retest of the medianline is a bullish development and indicates price could rally to the upper parallel.
Supply Zone of 1637 - 1645 on 45-min chart. Trade Plan; Entry : 1637 StopLoss : 1650 Potential Target : 1602
* Bearish Flag * Triangle breakdown
Potential Bearish Butterfly pattern forming on ACC LTD. SHORT ENTRY ZONE: 1656-1666 TARGET: 1623 Keep the strict stop loss as per your appetite. PS: I would never recommend to trade CD.
ACC has broken out from its consolidation today with decent volumes. Looks set to test its previous high of 1725 and scale newer highs on breaking it.
ACC is giving a Short Setup.. After a large rally ACC gave a 5 wave decline correction from 1740 to around 1590 Levers after which it has moved back up again in what looks like a 3 wave corrective pattern indicating that it will go down again for a Wave C or Wave 3 correction down. One can short the stock at current price levels with stoploss just above 1740 and...
Like most of the instruments, ACC also get trapped in cycle. One can use timing triggers to get entry and exit point.
ACC is giving a Bullish Flag Pattern Consolidation.. One can Buy ACC at CMP with stoploss just below 1650 and Targets around 1725/1750. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com