OPTIONS-QUANT

Weekly Chart of ACC

Long
NSE:ACC   ACC LTD
As seen from the Weekly Chart of ACC, the stock is trading near to trend-line support on downside. On monthly chart the stock is trading in triangle pattern since since Sept-2017. On daily chart the stock is consolidating in 40 Rs. range. If the stock manages to close above 1470, the stock can see further uptrend. If the stock holds the support zone then the stock can move to the levels of 1650-1700 in 3-4 months time frame. Uptrend view is negated below the levels of 1400 on closing basis.
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