ACC Ltd has been forming a rising wedge formation since the past one month.
The is price divergence with RSI and MACD histogram observed which is a bearish signal.
Avoid Banking stocks in the near future. There is a strong possibility for correction.
The Sensex is testing the breakout levels of 17250. Bring closer stop losses in case a correction takes place.
The is price divergence with RSI and MACD histogram observed which is a bearish signal.
Investors with having the stock in their portfolio should exit it. Avoid adding any positions.
Traders can short the stock. Refer to the chart for price specifics.
The Sensex is testing the breakout levels of 17250. Bring closer stop losses in case a correction takes place.
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