ACC Short Swing Trade

ACC has completed its targets in the monthly charts. Resistance on the trendline. Formed a bearish engulfing candle two days back and then a bear sashe yesterday. Sell on bounce is the strategy in this.

Entry @ 1690-1710
SL @ 1770
Target 1522,1468

Great Risk: Reward ratio

The view basically holds till the 52 weeks high is intact.

Disclaimer: The analysis is only for educational purposes.