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Published on 19/11/2019 10:17:53 AM | Source: Religare Securities Ltd

Sell ACC Ltd For The Target Rs.1430 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #ACC Ltd #Cement Sector #Trading Report #Religare Securities Ltd

ACC Limited (ACC)

ACC has been struggling around the resistance zone of multiple moving averages on daily chart for the past one month or so. Considering its prevailing bias and existence of strong hurdle at 1540 zone, we expect a fresh fall ahead. We advise initiating fresh shorts as per the mentioned levels

 

Recommendation

Sell ACC Ltd Futs @ 1503-1510 SL 1540 Target 1430 CMP 1498

 

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