ACC share forecast report
ACC share daily chart analysis
acc share on last trading session closed at 1396 with loss.on daily chart stock is in consolidation phase with bearish momentum.
as as closed below 3 month average which si also bearish signs.on chart stock is flat bearish and traders must short here in future with stoploss.on downside 1360 to 1300 levels can be expected.
for long side,reversal expect above 1440 only if happen then only go long till then stay away or stay short in this stock from short term perspective.
acc stock upside target will be 1510 in short term but if slips below 1350 then short term traders must exit from stock.buying zone is 1380-1395.
ACC share weekly chart analysis
acc share on weekly chart shows absolute uptrend and taking intermittent supports and moving upward.on chart 1386 is 6 month average,1296 is 12 month average and 1183 is 2 years average and above these stock is buy from medium term view.
we seen recent highs near 1500 and that remain as first target zone for stock.but is medium term target is 1650 with month s view.stoploss of 1350 is strict on weekly closing basis.
ACC share monthly chart analysis
acc share on monthly chart showing bull market for this stock and is in absolute uptrend since 2009 fall.currently trading at all time high and breakout point was 600 in 2010.from that points we seen 150% + return for this stock.
on monthly chart 964 is last support of this uptrend and 5 years average of this stock.for investors 1150-1250 is good investment zone if any sharp correction comes with stoploss below 950 and we expect 1790 in years.which is almost 70-80% return from suggested levels.
ACC share performance in 2012 analysis
acc share is market performer and showing 23.4% return in year 2012.same return given by nifty and sensex in 2012 till date.and upcoming time stock to do same.
ACC share historical chart analysis
acc share is and was best stock.we seen starting journey around 98 in 2002 as our data suggest and in 2007 bull market we seen high near 1100 and in crash of 2008 low of 330 but from that point funds and FII and promoters??? continually buying this stock and now trading near life high.
ACC share outlook dec 2012
acc share short term target is 1510 if sustain above 1350.
medium term target is comes at 1650 and for that stoploss remain same as above while long term still bullish and expect 1790 as target level.
fresh investment is not suggested current level.1150-1250 is fresh buying zone if any correction comes.