ACC trade ideas
[POSITIONAL] ACC BUY IDEA risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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ACC LTD Wait for breakout & retest.The idea here is about ACC LTD.
mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Inverse Head & Shoulder Pattern almost complete.
2. Bullish Ascending triangle formation with top flat & bottom rising.
3. Trading way above 20 & 200 EMA on weekly chart.
4. Strong Kumo breakout on weekly chart (Ichimoku Cloud).
5. RSI is at 60.28 on a weekly Chart.
6. MACD way above signal line.
7. Hull Moving Average is a Buy Signal on a weekly chart.
8. Wait for breakout & retest @ 2400.00.
9. Stop loss just below lower low of right shoulder.
10. Projected target as per inverse Head & Shoulder on the chart.
Disclaimer: “The above is an idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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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.
How acc stock plan to trade for tomorrow Am a beginner so I plan to trade like this I just little learn about trading in YouTube videos so I trade in initial stage I'll just draw a trend line and it's happened triangle pattern if it's break upper side then plan to long position trade if it break down sight then I plan to short position trade
Acc Swing Entry 6%-12% potential profitsACC looking strong, wait for a 15 min candle close above 2200 , after which stock can give T1 - 6% , T2 -12%.
Stock is made a falling wedge pattern of which firstly it gave a fakeout of the bottom then bounced up strongly from 0.61 fib lvl on weekly timeframe with huge increasing volumes.