Piyush-Gupta

ACC, DOES THIS CEMENT STOCK HAS STEAM LEFT? (CHART# 352)

Long
NSE:ACC   ACC LTD
ACC has formed beautiful Ascending triangle pattern and has closed near to breakout level.
1700 is another physiological level once crossed can fuel some movement.
Third factor for movement is long term resistance zone around 1706-1709 which was respected multiple times between Apr to Sept 19 time period.
Breakout above 1707-1709 can show some good momentum by this stock.

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Piyush Gupta

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