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.
ACC trade ideas
Short with 1% risk and RR of 1:2Short with 1% risk and RR of 1:2
NOTE: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk."
Buy Setup with Good Risk/Reward After profit booking for a few days it seems #ACC has touched its #Support and resumed its uptrend and is ready to rally from its current levels. Buy #ACC between 2300-25 with SL 2225 for targets 3000++ in 1-3 months.
For education purpose only. All disclaimers apply.
ACCNSE:ACC
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ACC Short Term BreakoutThe stock has previously broken out with good volumes and retested the upper trendline, the point of entry. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1.
SL is placed below the previously upper trendline. Target is placed near the swing high based on fundamentals.
ACCHello and welcome to this strategy in ACC a large cap Cement sector stock.
It has made a Bearish Harmonic Alt Shark in hourly time frame suggesting downside levels of 2375/2300 as long as it stays below 2495.
Harmonic patterns are based on Fibonacci ratios coming into alignment. They indicate reversal of trend for retracements of 38-50-62% and more depending on the strength of reversal and overall trend.
Risk Reward : 50 : 70 & 140
Suggested Time frame: 2-3 weeks
ACC AB=CD PATTERN Hello
Welcome to this analysis about ACC , we are looking at daily timeframe perspectives. ACC is developing here that will be a decisive factor in the upcoming times. I discovered the main formation ACC is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how ACC has emerged with this key channel pattern & AB=CD pattern marked in my chart with boundaries. which is an important level and also psychological level mark together with the upper-boundary of the channel-formation a pullback
In this manner, thank you for watching my update-analysis about ACCand its major AB=CD pattern with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
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.
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