Breakout from Triangle Pattern, Go Long in ACC

17 Kas 2020

Asian paints has given breakout from triangle pattern on hourly chart with strong volumes.

Buy between 1685-1695 with SL at 1670 and target of 1746.

17 Kas 2020

İşlem aktif

Entered at 1695. what a jump in ACC.

Looks like target can be hit today if market is positive.



Product Instrument Qty. Avg. LTP P&L Chg.

CNC ACC NSE HOLDING 20 1,695.00 1,708.90 +278.00 0.82%

17 Kas 2020

Not

ACC is facing strong resistance at 1725 level. This level has to be broken for the next up move.

17 Kas 2020

Not

ACC could not sustain at higher levels. Lets wait for one more day and see what happens. If it tries to touch 1720 tomorrow, i will look for booking profit at 1720.

19 Kas 2020

Not

ACC is testing my patience. I thought SL of 1670 will be hit today but again it went up.

Lets see what happens.

I want SL to be hit bcz it seems very difficult for ACC to make any up move.

19 Kas 2020

İşlem kapandı: durdurma seviyesi

SL Hit. Booked 1.4% loss.