As discussed below ACC is about o breakout the Triangle on the bullish side....do not miss long opportunity for 50 to 100 points profit
ACC has been in uptrend form June 2012 and moved up from 1115 to 1535. From November onwards it is form higher lows pattern but not forming lower lows patter which is not bearish. Now with this pattern it fall into a "Triangle" pattern marked in lines and indicated with arrows. On break below lower line of the triangle it can fall further and breaking the top line is bullish for the stock. Breakout on either direction will result in 5-10% movement in stock price very quickly. Hence recommend to follow the stock very closely in the coming days for break out.
ACC has been in uptrend form June 2012 and moved up from 1115 to 1535. From November onwards it is form higher lows pattern but not forming lower lows patter which is not bearish. Now with this pattern it fall into a "Triangle" pattern marked in lines and indicated with arrows. On break below lower line of the triangle it can fall further and breaking the top line is bullish for the stock. Breakout on either direction will result in 5-10% movement in stock price very quickly. Hence recommend to follow the stock very closely in the coming days for break out.
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