For short term and medium term swing trading.
Expecting ACC to go down to 1387 and then rise to 1530, followed by a massive Breakdown.
Hello everyone, Hope you guys are doing great. Today I am sharing one of stock for next week watch list . It's name ACC the reason of behind picking this stock is " Pennant pattern " Please consider to watch the chart to know the full detail.
Sell at the breakout from the rising wedge and wait for reaction at secondary yellow line. Incase it bounces from the yellow line then open a long for upper green line else a short for lower green line. All the best!
Hello Guys, ACC making Descending Triangle and my technical observation said that Bottom is still not found. Should be dump hard in a couple of weeks or a month. What is a Descending Triangle? Ans: The descending triangle is a bearish continuation sample. The sample is usually found in a downtrend. There are few times the pattern is seen during an uptrend...
stochastics parameters %k period , %k slow,%d type and %d period values i need to set
I expect ACC to retract back to my ideal buy zone and from their it moves up to test our targets. only problem with the entire setup is the upcoming poll results which might lead to sudden negative volatility in the index. a small fluctuation in the market will not be a issue but we see a major pullback then the above setup would be invalid. trade cautiously and...
ACC may re-enter it's long term channel trend after having filled the big gap formed after the excellent results. A close above 1495 should be positive
CURRENTLY SITTING AT A BAND OF RESISTANCE ILL BE WAITING FOR A BREAK AND A RETEST OF THE STRUCTURE FR SHORTS
Market open with gap and also it's in strong level of fibbo. H4 There is Morning star. According to me market will go down to fill the gap and also to retest the trend line. Hope for the best
Historically June results have been better than March quarter results. Tomorrow is the result day and the stock has corrected a lot. have established a decent bottom, double bottom or kind of a triple bottom. Anyways expecting a positive intraday movement/breakout. Watching for entry points using Bull flag strategy and a tight stop loss.
Short call given on 11.7.18, target is met. I have huge difficulty in this platform. So I shall publish my own site soon.