Short ACC Positional

Strange to note that stock is falling in a rising market last 2 days. ACC had huge strength and moved from 1320 levels to 1620 levels in a span of 2 months. Looks good to short ACC for a target of 1530/1510/1476/1450. Maintain closing stoploss of 1600.

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Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

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First target 1528 is met.

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1 Lot exit at first target. 2nd lot hits stoploss. Overall exit at cost.