Action Construction for Educational purpose only. After bullish run up, it seems slowing down a bit ultimately signaling profit taking.
Another chance ...??? educational view... stock given breakout and performs well now it came back to our levels .... are you ready to take this risk trade with your own responsibilities
Volume activity have come down significantly afer steady rise in prices.Now the prices have also been range bound since last many days. If it crosses the above box it can give a good sharp quick upmove till 270-280.
NSE:ACE cmp 257 buy at cmp average near 240 to 245 zone target 300 reason - breakout after consolidation
Spotted: Round Bottom. Inverted Head and Shoulder Ride the Breakout.
positinal stock .... Action Construction Equipment (ACE) Limited is India’s leading material handling and construction equipment manufacturing company. The company has a majority market share in Mobile Cranes and Tower Cranes segment. In addition to Mobile Cranes, ACE also offers Mobile/ Fixed Tower Cranes, Crawler Cranes, Truck Mounted Cranes, Lorry Loaders,...
Its nice time to ace at nice PE ! Accumulated here ! Dnt miss oppor.
Action Construction Equipment Limited (ACE)
Clean uptrend, entire construction and its ancillary are moving. Clean Base on Base pattern.
ACE is consolidating for quite some time now. the stock has registered a close above the resistance line today. the RSI (daily and Weakly) have given good close above 60 levels. if the stock sustains above the resistance level. we may see a good break out.
entry @ 122 sl 118 target 150/190