ACC looks Bullish with Huge volume accumulationACC range bound from long time with good consolidation and volume build up looking bullish for long term.
ACC trade ideas
ACC LTD S/R for 29/6/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Very limited downside. Look at the upside potentialI am not sure how many days this will take to travel to its parallel channel resistance, but given the way the stock is positioned, the downside looks limited as support is very close and it looks like stock will travel to its resistance at the least. What do you think?
ACC LTD Trade Idea for LongACC LTD has clearly closed above the trendline. Breakout and retest completed.
If this sustains, entry can be made and target is the horizontal TL above, with SL below the last red candle.
first TGT: 2662
second TGT: 2693
third TGT: 2772
ACC 1DAYa prefect breakout observed.
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I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
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ACCNow it's time to go Long with ACC.
WHY:
- There is a fresh breakout of triangle pattern.
- It is also above 60SMA.
- Conservative traders can wait to cross the level 60 of RSI, but still good to enter.
- All set.
ACC Ltd. (ACC) StrategyThe chart is a daily candlestick chart of ACC Ltd. (ACC) on the NSE, with the current price at INR 2,543.35. The chart shows a descending triangle pattern, highlighting a major support level and potential trade strategies based on key price levels.
Key Observations:
1. Current Price and Trend:
- The current price is INR 2,543.35, showing a slight increase of 0.61%.
- The price is near the upper boundary of the descending triangle pattern.
2. Support and Resistance Levels:
- Major support is at INR 2,361.65.
- Resistance is indicated around the INR 2,600 level and higher at INR 2,734.90 (target).
3. Descending Triangle Pattern:
- The chart shows a descending triangle pattern, suggesting potential for either a breakout or continued consolidation.
- The upper trendline acts as a dynamic resistance.
4. Trade Strategies:
- Buy Strategy:
- If the price breaks above INR 2,600, it signals a potential bullish breakout.
- Traders could buy at the breakout level of INR 2,600.
- Alternatively, traders can wait for a retracement and buy at INR 2,550 for better entry.
- The target for this buy strategy is INR 2,730.
- Sell Strategy:
- If the price fails to break out and moves downward, keeping an eye on the major support at INR 2,361.65 is crucial.
- A break below this major support could indicate further downside potential.
Summary:
The chart of ACC Ltd. indicates a descending triangle pattern, with the current price near the upper boundary. Major support is at INR 2,361.65, and resistance is around INR 2,600, with a target for a bullish breakout at INR 2,730. Traders are advised to watch for a breakout above INR 2,600 for a buy opportunity, with a potential entry at INR 2,550 on retracement. Conversely, a failure to break out and a move towards major support could suggest caution or potential downside risks.
do intraday, sell at zoneexpecting a small fall in that zone .
- sell entry can be took at 0.58 fib level or look for selling confirmation inside the zone.
- sl is day close above 0.618 level
- expecting a small fall , so its suitable for intraday trade
- pattern becomes invalid if candle is closed above 0.618.
this stock already entered zone ,again entry can be taken if u get sell confirmation inside zone.
ACC is looking good for upmoveAs per the study of demand and supply, acc has shown very good upside strength and it has now started retracement. it should start upmove again if price reaches our entry price.
My view on ACCDouble bottom breakdown possible in ACC.
Looking tgt 2360-2340-2300++
Keeping on radar ACC 2380 PE
Acc Cement Wait for retracement !!!!Acc Cement Wait for big Move forming Inverted head and shoulder in Monthly time frame !!!!
Wait for good retracements I have mentioned where to buy, keep your trigger
ACC Hammer candle on daily time frame. after touching 2200 (imp support). buying happening on this level and make bullish candle on daily time frame.
buy above today high 2268
SL will be today candle low ----- 2200
First Target will be above 2400
ACC 6000Rs New Ath soonFor option Trader wait for price go down or Take CE poison and hold till March 2024 expiry.
Technical - breakout done -- best opportunity to CE in march month or buy n 2500-2600 range
For more chart analysis comment me in this Post.
ACCNSE:ACC
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
ACC will reach 2500 ? cmp 2241ACC broke the weekly resistance levels and trading higher levels
cmp 2241
holding above levels will lead further move upto 2300, 2407, 2523
Technically Bullish and Strong Breakout seen
ACC Breakout on weekly chart confirmation in daily chart, retest of old breakout levels
Stoploss : 1950
ACC - Elliott Wave CountACC - Elliott Wave Count
ACC finally breaks down from the c to d channel so we can expect down side target of the 1400 range with Wave E.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:ACC NSE:ACC1! BSE:ACC
ACC - bearish ViewACC - Elliott Wave Count
the market seems its in near completion of Wave D of traingle.. we can soon expect the wave E to begin downtrend...
whatever the high made of Wave D will be the SL for the short trades.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ACC NSE:ACCZ2023 BSE:ACC
ACC TAKING SUPPORT AFTER CONSOLIDATIONACC is taking good support and could give good upmove, we expect long upmove in the same and break 1900 mark shortly
ACC can rally 25% from CMPThe Cement company is completing a zig zag correction(ABC or 5-3-5) to an impulse wave it had shown in Mar.2023.
This impulse can either be considered as beginning of a new bull market and hence be considered as wave 1 or if it is to be considered as a corrective wave it can be marked as wave 'A'.
That does not change the fact that a 5-wave impulse is always followed up by another 5-wave advance. In this case we may call it wave 2 or wave "Wave B".This wave is projected going towards 2300-2400 zone(25% from CMP).
On the downside 1800 is good support for the stock which has now also approached the channel support.
Note*- Views expressed are personal opinions/observations. Please do your own research before taking up any trade.
ACCDouble bottom confirmation. followed by gud volume & supported by both the key MA. 20 & 200.
satisfying all the break out criteria
1. Big break out candle
2. Absence of opposite party.
3. Less or no wicks.
it has gud potential upside target. follow strick sl& proper risk reward ratio. this is the only holy grail in the market.
