1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

ACC

Discussion in 'Technical Analysis' started by tushant02_shah, Oct 1, 2012.

Tags:
  1. tushant02_shah

    tushant02_shah New Member

    Joined:
    Sep 28, 2012
    Messages:
    10
    Likes Received:
    0
    Hi All Members,

    Can ACC be sold on Wed at 1458 for 1444 and SL Rs 1481 as it is on the extreme top of the chart and started forming a negative pattern and RSI cuts below 80.

    Should it can be considered a sell or I can wait for 1 more trading to form a specific pattern.....?
     

    Attached Files:

    • ACC.jpg
      ACC.jpg
      File size:
      101.1 KB
      Views:
      119
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    It's the stock to go long. No indicator of weakness.