ACC
Weekly Chart of ACCAs seen from the Weekly Chart of ACC, the stock is trading near to trend-line support on downside. On monthly chart the stock is trading in triangle pattern since since Sept-2017. On daily chart the stock is consolidating in 40 Rs. range. If the stock manages to close above 1470, the stock can see further uptrend. If the stock holds the support zone then the stock can move to the levels of 1650-1700 in 3-4 months time frame. Uptrend view is negated below the levels of 1400 on closing basis.
LONG Adding ACC in my next week watch list for Intraday TradeHello everyone,
Hope you guys are doing great. Today I am sharing one of stock for next week watch list . It's name ACC the reason of behind picking this stock is " Pennant pattern " Please consider to watch the chart to know the full detail.
ACC BULLISH TRADE SETUP WITH PERFECT BUY LEVELS.I expect ACC to retract back to my ideal buy zone and from their it moves up to test our targets.
only problem with the entire setup is the upcoming poll results which might lead to sudden negative volatility in the index.
a small fluctuation in the market will not be a issue but we see a major pullback then the above setup would be invalid.
trade cautiously and do share your opinion in the comments.
PS I have used fib confluence zone for the targets mentioned in the chart.
Gold officially broken out of Long term Triangle? Also 20,50,200 Moving average bullish crossover. Dollar index is not looking good either. War on the horizon, Tax cut, health care failure? Debt ceiling raise? Heavily manipulated market, alot can happen.
For those of you who are not familiar with IMF SDR plan and the voting power shift that took place this year i would suggest you to study that. Also the ACC blockchain that will be connected to the SDR.