SWING IDEA - ACC
Updated
ACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators.
Reasons are listed below :
Target - 2397 // 2635 // 2777
StopLoss - Daily close below 1970
Reasons are listed below :
- The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
- A bullish marubozu candle is formed on daily timeframe.
- 0.382 Fibonacci support.
- Broke strong consolidation of 308 days.
- The stock price is above 50EMA and 200EMA i.e the trend is intact.
Target - 2397 // 2635 // 2777
StopLoss - Daily close below 1970
Comment
Price is 6.5% up from buying.the momentum seems steady.
HOLD !
Comment
we got a daily close above the recent swing.we are 7.6% up from buying.
HOLD!
Trade closed: target reached
1ST TARGET ACHIEVED !!12.7% DONE
Trade closed: target reached
2nd target achieved - 30%+Comment
We can add some quantity (reason : 'W' pattern near crucial support - 2400)Comment
Price is breaking out again, hope you all added quantity (as mentioned on 27th march)Comment
made a new swing high : 31%+, we are very close to our 3rd targetTrade closed: target reached
3rd target achieved : 34%++Disclaimer
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