Visionary_Growth_Insights

SWING IDEA - ACC

Long
NSE:ACC   ACC LTD
ACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators.

Reasons are listed below :
  • The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
  • A bullish marubozu candle is formed on daily timeframe.
  • 0.382 Fibonacci support.
  • Broke strong consolidation of 308 days.
  • The stock price is above 50EMA and 200EMA i.e the trend is intact.

Target - 2397 // 2635 // 2777
StopLoss - Daily close below 1970
Commentaire:
Price is 6.5% up from buying.
the momentum seems steady.
HOLD !
Commentaire:
we got a daily close above the recent swing.
we are 7.6% up from buying.
HOLD!
Trade fermée: cible de profit atteinte:
1ST TARGET ACHIEVED !!
12.7% DONE
Trade fermée: cible de profit atteinte:
2nd target achieved - 30%+
Commentaire:
We can add some quantity (reason : 'W' pattern near crucial support - 2400)
Commentaire:
Price is breaking out again, hope you all added quantity (as mentioned on 27th march)
Clause de non-responsabilité

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