ACC
ACC LTD: Cement sector stock-2Sl-1755
Stocks for the week-4
Hello everyone, this week we are going to invest in many different sectors.
One of which is CEMENT SECTOR(from infrastructure sector).
I will be posting best stocks of cement sector and the % allocation that stock should take in your portfolio.
STOCKS ALLOCATIONS
Stock 1: AMBUJA CEMENTS LTD 25%
Stock 2: ACC LTD 15%
Stock 3: INDIA CEMENTS 15%
Stock 4: JK LAKSHMI CEMENT 15%
Stock 5: SANGHI INDUSTRIES 10%
Stock 6: GUJARAT SIDHEE CEM 15%
Stock 7: BURNPUR CEMENT LTD 5% (penny stock)
So folks feel free to DM or comment.
ACC - Weak Price ActionThe price structure looks weak and there is a probability that the stock can fall further towards 1730- 1710 levels.
To continue weakness, should sustain below 1900 levels.
Immediate resistance is around 1860
The trend change level is 1900.
In conclusion, as long as it trading below 1900, any rally if comes in the stock, might be used to create fresh shorts in the stock.
Disclaimer: These posts are for educational purposes, if you are trading this, Trade at your own risk.
ACC Short Swing Trade ACC has completed its targets in the monthly charts. Resistance on the trendline. Formed a bearish engulfing candle two days back and then a bear sashe yesterday. Sell on bounce is the strategy in this.
Entry @ 1690-1710
SL @ 1770
Target 1522,1468
Great Risk: Reward ratio
The view basically holds till the 52 weeks high is intact.
Disclaimer: The analysis is only for educational purposes.
Swing Trade Idea for ACC in December Month
Hello everyone,
ACC is Trading in a range for the last 3 weeks this is a consolidation fedge and this range will decide what will the next move. Create alerts at 1590 and 1725 and wait for breaks. A huge run will be accepted either downside or upside depending on where it breaks. Perfect for swings and RR is good here.
Long above: 1725
SL:1590
Target: Open
Short: 1590
SL: 1625
Target: Open