Trade ideas
ACC - Bullish Consolidation Breakout with VolumesNSE: ACC is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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#ACC Looking good in coming days #ACC... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
ACC 15M (24 MARCH 2023)NSE:ACC
Going in a parallel channel,
if it sustained above 1730 then
think about buyings side .
if broke channel then chance to touch 1686.
but dont go in sellside before 1720
it may be act as a good support.
look at 1726 its also a good pushing towards
upside so buyers are doing their work.
BULLISH ENGULFING ON WEEKLY CHART !!Hello to everyone
A significant decline has been seen in the price. The price trading near key demand zone and price respects the support level and moved towards upside on weekly chart. Price also formed bullish engulfing formation on weekly timeframe, which is showing that price has strength to go upside. If price respects the bullish pattern than we can expect good bounce back rally in the price.
#ACC LTD 📊
👉Price at key demand zone 1660/1675📈📉
👉Bullish Engulfing Formation on weekly chart
👉Support seen at 1660/1665✅
👉Reversal sign📈
👉Targets 2045/2165 +🎯
👉Add to your watchlist👍