The idea is to make a trade when: (1) RSI exceeds the 30-70 band and (2) there is a spike in volume shown by ROC for volume The spike in volume suggests that market is reacting to the event (i.e RSI showing overbought/oversold) The dark blue line is 5X the average volume of the last 500 days. Use Volume profile bars to choose Take profit and Stop loss....
ACC Ltd. is currently in a weekly bullish impulse. Will look for a lower degree correction to buy. Final target can be placed around 1800.
ACC LTD National Stock Exchange India Market Price Movement
ACC - Bearish BAT in progress, either apt to play last leg or wait for pattern to complete..
ANTI BUTTERFLY & BEARISH H&S - Can be played.