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.