Published on 29/10/2020 11:46:02 AM | Source: Religare Broking Ltd

Buy ACC Ltd For Target Rs. 50 - Religare Broking

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

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Derivative Ideas

ACC NOV FUT added around 21% in open interest addition as short buildup was seen in it in till closing time. Current chart pattern also indicates further down move in its price. We suggest buying ACC 1600 PE as per below levels.

Strategy:- BUY ACC 1600 PE BETWEEN 30-33 STOPLOSS AT 17 TARGET 50.


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