SWING IDEA - ACC

ACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators.

Reasons are listed below :

The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
A bullish marubozu candle is formed on daily timeframe.
0.382 Fibonacci support.
Broke strong consolidation of 308 days.
The stock price is above 50EMA and 200EMA i.e the trend is intact.

Target - 2397 // 2635 // 2777
StopLoss - Daily close below 1970

Note

Price is 6.5% up from buying.
the momentum seems steady.
HOLD !

Note

we got a daily close above the recent swing.
we are 7.6% up from buying.
HOLD!

Trade closed: target reached

1ST TARGET ACHIEVED !!
12.7% DONE

Trade closed: target reached

2nd target achieved - 30%+

Note

We can add some quantity (reason : 'W' pattern near crucial support - 2400)

Note

Price is breaking out again, hope you all added quantity (as mentioned on 27th march)

Note

made a new swing high : 31%+, we are very close to our 3rd target

Trade closed: target reached

3rd target achieved : 34%++

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