ACC trade ideas
ACC - Support and Resistance TradeThe stock went through the recent resistance and was able to sustain above it.
Hence sustaining these support levels, the stock could move towards 2380 - 2400 levels in the coming trading sesions.
Super Simple Trade set-up
Type of Trade: Swing Trade
Disclaimer: if you are trading this, you are trading at your own risk.
Short with 1% risk and RR of 1:2Short with 1% risk and RR of 1:2
NOTE: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk."
Buy Setup with Good Risk/Reward After profit booking for a few days it seems #ACC has touched its #Support and resumed its uptrend and is ready to rally from its current levels. Buy #ACC between 2300-25 with SL 2225 for targets 3000++ in 1-3 months.
For education purpose only. All disclaimers apply.
ACCNSE:ACC
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ACC Short Term BreakoutThe stock has previously broken out with good volumes and retested the upper trendline, the point of entry. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1.
SL is placed below the previously upper trendline. Target is placed near the swing high based on fundamentals.