ACC trade ideas
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
ACC - ShortACC CMP - 1694.80
Looking bearish in lower time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below ONLY 1691 / Stop Loss 1702
Target 1 - 1685
Target 2 - 1680
Target 3 – 1675 / 1670
Disclaimer: This is my view and for educational purpose only.
ACC good short candidateACC spot trading around 1610 levels
Good candidate to go short
with some alteration in pattern there is formation of DEEP CRAB pattern,,
Counter is trading at long term trend line resistance
RSI bearish divergence seen ,,
view gets violated above 1650 levels
Down side fall till 1550-1500-1460 can be seen
ACC LTDDISCLAIMER: 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.