ACC LTD
- As per previous report published on ACC LTD , stock gave sharp up move after breaking its resistance 1500, 1510 and 1525 as mention in out previous report and so far share made a high around 1545. (Click here to see previous report published on ACC LTD.
- Now daily chart indicates that stock was earlier moving in a down channel patterns and made a bullish breakout, but failed to close above its previous resistance @ 1525 but after breaking 1525, made a intraday high @ 1545. Technical charts indicate that once ACC closes and stays above 1545 then looking bullish for next few trading days.
- Intraday close watch once stock starts trading above 1545, if holds above 1545 then intraday bulls action is expecting in ACC Ltd.
- As per graph no2, stock is showing small weak signals as per candlestick studies. But once stock closes above its candel @ 1545 then it will favor bulls. Close Watch.
- As per graph no3, once ACC moves up from current level and holds above its resistance then will find next strong resistance around 1620 as per 161.8% fibonacci retracement. Even stock major trend indicator "MACD" is moving in +ve zone and above level zero this indicates stock can move up.
- Click here to see all the free trading reports (tips) published by us on ACC LTD.
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