NSE:ACC
AMAZING breakout in ACC in all important time frames with good volumes and 9-20 ema crossover(monthly).
2500-2600 targets. 3-5 months investment time
following a curving trendline along with good RSI divergence. Can be Sold once it breaksdown (the trendline)
HOLDING PERIOD: 4-5 days
TARGET: 360-355-350
STOPLOSS: 380
RISK-REWARD: 1:2 OR 1/3 ( BASED ON TRAILING THE STOP LOSS)
Good amount of consolidation at the end of a downtrend shows bullish pressure. The chart shows strong Rsi bullish divergence, 9-20 EMA cross, Macd cross. Entry: 582(close of 15/60 min candle) upside target: 600/620/640/650.
