ACC trade ideas
finding an edge ,accengulfing candle at the resistance ..it cud b retest ...looking for selling set up
Riding another boat..there s a breakup of cup and handle pattern, bought at retest level...hoping for more upmove...
@ resistance @ resistance in break along with volume on closing basis we can see will next resistance.
Strong Bullish on ACC4h cross 200MA
Range breakout & test as support 1240(SL basis of closing)
Accending trangel breakout
Target- 1365,1378,1416
Fundamental- lockdown open
Demand will increase
ACC - Holcim kicking some butt?1205 then 1096 i recon 1205 will be front run maybe 1214 we touch and then resume for attacking the 200 day on the daily at 1373ish by then
Most likely we break this resistance and our first target should be 1531 and then possibly 1721 .
Low Time frames 4hr we are sitting just above the 200 day and in the 6 hour resting above the 99 day.
Golden Cross looks imminent .
Buy on pull backs until trend is reversed ......
Never Chase Trades .... thought for the day !
ACC Expected to Outperform Nifty Buy For 1400 LevelsACC Expected to Outperform Nifty
Buy For 1244 1326 1377 1418 1459
SL 1199
Acc Elliote wave Setup You can see Its making Cup and Handle pattern And it gives a breakout and retest done by itself,
According to wave Now it's riding on wave 5 Which is expected to reach the target at 0.6-0.7 fib level near 1360.
Thanks, Message me for personal guidance!
Short ACC Short ACC on basis of
1. RSI Over Bought
2. Lower Low Candle Close
Target and Stop as mentioned in chart.
Trading Idea : Buy ACC Ltd.NSE:ACC is trading in ascending channel from last 20 days. Trend is sideways to positive. ADX is showing positive cross over. RSI also showing strength.
We are recommending Buy around 1165-1170 levels with Stop loss below 1130 on closing basic with Target of 1260 in next 12-15 trading sessions.
