ACC Fut broke past previous weeks high & pulled back to 2460 levels which makes it a decent buy at these levels.
Risk:Reward very much in favour of bulls.
Could be bought with mentioned stoploss & targets.
Not to b missed for next 3 days of march expiry.
ACC fut broke out of 5 trading sessions range with decent OI on an hourly chart as well trading well above VWAP.
Could be bought with mentioned stoploss & target.
Not to be missed breakout.
Acc Cements Future has Seen Fresh Trendline breakout on the daily Charts and Stock is up 1.35% on the breakout Candle We are interested to buy Acc Future at 2305 CMP For the Expected Targets of 2395 And Stoploss 2280 (Time Horizon 15-20 Trading sessions)
Reasons to Buy Acc Cement Future:
# Trendline Breakout on Daily Chart.
# Trading Above 200,100,50 EMA's
#...
ACC is in the upward channel in the weekly timeframe, it has already bounced back from the bottom of the channel in the daily timeframe. Now in the smaller timeframe, it is showing consolidation, which can start to break at any time. It looks like it may come down one Fibonacci level down and then will renounce. The reason why it may come down a bit is it needs to...
