ACC Ltd (NSE: ACC) Weekly Chart Analysis🔹 Channel Support and Resistance
The stock has been moving within an ascending channel since early 2022, creating a structured uptrend. Currently, it’s trading near the channel’s lower boundary, around ₹2,357. This zone has historically acted as a key support level, making it an area to watch closely for potential buying interest.
🔹 Descending Wedge Breakout
Recently, ACC broke out of a descending wedge pattern, a generally bullish formation, which suggests the potential for an upward move. The breakout is still in its early stages, so continued momentum will be critical in confirming the trend reversal.
🔹 Price Targets
First Resistance: ₹2,592.75 – If momentum sustains, this level aligns with a prior high and could act as a short-term target.
Channel Resistance: If the stock gains further strength, the upper boundary of the channel could offer the next significant resistance level.
🔹 Cement Industry Tailwinds
According to brokerages, Indian cement firms, including ACC, have seen successful price hikes in September, and there are plans for further hikes in October. This is generally positive for margins, adding fundamental support to the current technical picture.
🔹 RSI
The Relative Strength Index (RSI) shows an oversold condition that’s starting to turn upwards, suggesting possible accumulation at these levels.
📈 Conclusion: Watch for sustained support around ₹2,357 and an upward move towards ₹2,592. A close above ₹2,592 could indicate renewed bullish strength, especially with ongoing industry tailwinds from price hikes.
Adani
Adani Power at SupportThe strongest Adani Group company with sound financials and comfortably manageable debt along with sound current ratio.
Stock P/E - 14.8
ROCE 5Yr - 16.6 %
ROE 5Yr - 39.2 %
Debt to equity - 0.80
Current ratio - 1.60
The technical chart pattern suggest an entry.
Note: The idea is intended to spread awareness regarding the ratios that you should consider before investing and the chart reading done.
Any financial commitment will solely be your risk and should be done after thorough research.
Cement sector- A duopoly?After Adani group bought ACC and Ambuja cements and became an impact player in cement sector of the country there is a chance of duopoly creation in the cement sector as was seen in the case of telecom sector when Jio entered the segment. Although such extreme duopoly will not be created in cement sector as the other regional cement will continue to operate. There is a chance that the plants of regional companies can also be bought as Ambuja and ACC were bought. So both Ultratech and Adani group cement companies should be looked upon and should be added to our personal portfolio keeping in mind the long term vision of the country. Please do your analysis and share your views in the comment section below.
Hope you like my idea.
ADANI NOW or LATER For InvestmentIf you haven't checked my ADANIENSOL analysis kindly check it 1st.
If you look at ADANI stocks clearly we can see a massive view as investment.
Now question is for how long ?
From this position you can plan a hold for 2-3 years and it may give you more than something.
Don't let you influenced by short term market scenarios.
Investment for long term MAY give you GOOD return. BUT
Investment for long term from a good location MAY give you MASSIVE return.
ADANIPOWER LONGBeautiful Setup. Keep an eye on it.
Flag Pattern visible.
Breakout expected.
Good for Short Term.
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
18 % UP POTENTIAL LARGE CAP SHARE BUY OPPORTUNITYADANI PORT BUY NOW ON PRICE OF 713 WILL GET APROX PROFIT OF 18 PERCENT AND THAT TOO FROM A LARGECAP
FOR MORE WSUP ME 8459 22 0202
Adani Ports and Special Economic Zone Limited (APSEZ) is India's largest private port and logistics company. It operates a network of ports and terminals in India, including the Mundra Port in Gujarat, which is one of the largest ports in the country. The company also provides logistics and supply chain management services. Adani Ports is listed on the National Stock Exchange of India and the Bombay Stock Exchange. Adani Ports and Special Economic Zone Limited (APSEZ) is a part of the Adani Group, an Indian conglomerate with interests in agribusiness, energy, resources, logistics, and real estate
BOMBAY SENSEX #BSE #SENSEX Pullback completed after #Adani fraudInvesting in #INDIA has been a trade of a lifetime
Based on a burgeoning middle class and best low population demographics in the world
Indians want to FLEX and move up the income brackets
Highly motivated and educated
I believe the pullback after the Adani scandal is over
And the #Nifty can resume its long term bull and finally meet its inverse and head and shoulder from the Covid debacle.
ATGL Very Good setup seen in chart.
Consolidation done .
Good for Short term and Long term.
Target 1500, 2900.
Do Follow , Like ,Comment for regular updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Adani enterprises in Neutral modeThis stock in neutral mode - means neither good for selller or buyer
Advice --
For quity trader --
please trader according to my red Trendline price and sell above Trendline
-- stopp loss is mandatory if Trendline broken
For option trader -- seems market can go up 200-300 points to touch upper red Trendline
For more chart analysis comments me in this post.
#ATGL Attempting a breakout on Daily timeframe#ATGL
Attempting a breakout on Daily timeframe. If it does breakout, we can see another good rally in stock!
Also, if we use Fib tool, we can clearly see that the stock has been consolidating above 0.382% level and has been forming a nice base there since many days now.
Breakout looks imminent imo.
ADANI Total Gas Ltd looks ultra bullish!ATGL looks ultra bullish and can be a multi-bagger in the long-run.
After a pro-longed downfall, stock has shown some strength in past few days based on technicals + fundamental indicators.
In the chart as well, from technical point of view, there are too many inefficiencies left behind while stock was taking a hit and price was falling. In my opinion, all those inefficiencies should be filled in long-run.
The Adani SagaAdani Enterprises (ADANIENT) has shown good recovery and has been in long consolidation since its last burst in May 2023 when Supreme Court granted SEBI Time for investigation.
It has taken a strong support at 2370 -2400 and today it has made a doji right at its support to suggest a reversal. While it is waiting for the next date in Supreme Court, there is an opportunity to enter at CMP as it offers a low risk opportunity.
Keeping 1 ATR as SL, it Is good to go long on Adani enterprises regardless of outside noise. Expecting a very big move soon coming out of a 4 month narrow consolidation phase after the Supreme Court hearing.
Not keeping any targets in this trade because this stock would move big and fast . I would prefer to keep moving my TSL up if my view turns out right.
#AWL LONG TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of AWL on NSE
the analysis is as follows-
- the price is in downtrend from some time
- the price is consolidating in a triangle pattern right now
- can breakout both sides, but i am hoping more upper side
- have also marked 2 support zones in case it breaks down
dont play with fire, always use a predefined stoploss
ADANI PORTSADANI PORTS has made a diagonal structure after the drop. As wave 1 completes, there would be 38.2-50% correction on the stock which are important fibonacci levels. These levels also coincide with a strong resistance area where a bullish reversal can be found (wave 3).
This idea is based on the Elliott Wave Theory. Trade/Invest with your own risk management.