ACC – Double bottom – June 2018 & July 2018

On 20 June 2018, once hit the bottom of Rs.1269 and again on 13 July 2018. Since the volume is high and a cross over on 23 July 2018, we can go on a long trade

Long Entry @1390

Stop Loss @1268

Risk Involved 122

Target @ 1512

 

For risk of 1000, we can buy 8 shares.

Capital Required 11120.