ACC is one of those cement stocks, which are in a strong uptrend since 2009. So taking trade in the direction of this up trend, I look for buying this stock on every dips. You will see stock is taking support at trend line and bounces from there, trend line is excellent support in this case. Here to get the buy entry I use slow stochastic indicator, on the weekly chart of ACC below slow stochastic ... [Continue Reading]
ACC Stock Still looks bullish at CMP, Traders can Buy Above 1050 for short term target of 1290
ACC being one of the leading cement manufacturers in India, was listed on NSE on 20 November 1996. ACC stock on NSE is in range of 1130 - 910, so we have to wait for the breakout in either direction then place the trades based on the outcomes. How ever the technical indicators suggests the stock is bearish for short term outlook. The near term volatility me rise due to uncertainty in the broader ... [Continue Reading]
