ACC LONG (INTRADY NOV 22)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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ACC
Stock is in uptrend on daily and
in 15 min it is making descending triangle.
Wait for breakout and then we can see upside movement after retest.
Thank You !
ACC
ACC ltd Long (Short Term Trade)PA made a good corrective move on a smaller time frame. RSI signaling bullishness for the same time frame.
A Three drive pattern is about to emerge... Once the pattern emerges a good RR trade is formed.
#For the test purpose only. still, there is no clear breakout.
**Setup is in the chart.
Acc breakout and RetestAs you can see ACC broke and retest done , its nice opportunity to buy at this retest price and we may see bounce by today opening of market, it may follow this path and if it will break trend then it will retest nearest support!
its obv is also bullish and retesting the nearest resistance and RSI is also on uptrend support!
Less risk high reward game!
view on ACC Ltd.DISCLAIMER: There is no guarantee of profits or no exceptions from losses.
The technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while investing/Trading decisions.
Past performance is not an indicator of future returns. Investment is subject to market risks.
Seek help of your financial advisors before investing/trading.
ACC ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
ACC - Support and Resistance TradeThe stock went through the recent resistance and was able to sustain above it.
Hence sustaining these support levels, the stock could move towards 2380 - 2400 levels in the coming trading sesions.
Super Simple Trade set-up
Type of Trade: Swing Trade
Disclaimer: if you are trading this, you are trading at your own risk.
#SUNDARMHLD #SUNDARMFIN #FINTECH #FINANCE #TECH #Iot #ML #AI #ITSundaram Finance Holdings Ltd.
NSE:SUNDARMHLD
NSE: SUNDARMHLD
CMP: 83.65
Target 1: 96+
Target 2: 110+
Time frame: <6months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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Cement Stocks -ACC, ULTRACEMCO, AMBUJACEM -Similar opportunitiesThere seems to be something cooking up in all major cement stocks. Similar opportunities can also be found in related stocks.
One should keep a close watch and can capture short term opportunities.
Do let me know on my social media platforms shared below, which one of them is your favorite.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Feel Free to connect with me for any query or suggestion regarding this stock or Price Action Analysis.
ACC 15 Mins Chart Showing Positive MoveACC is moving in a upward channel. Yes it just hit the lowest point of the channel and bounced back. Today most probably it will be moving up. Even when the market was falling this week, ACC was one of the strong stocks which was giving Green after Green Candle. Wait and watch for first 15 min candle and take your call on Long / Short according to the movement.