ACC (Bearish)
ACC:
Industry: Cement and Cement Products
The stock is discounted at 17% from all time high levels.
Daily Chart:
1. Respecting its falling trendline
2. Forming RSI Bearish Divergence (Stock is forming HH and RSI is forming LL)
3. Formed Doji and Shooting Star (bearish candles) on trendline
Addl Points:
1. FII/FPI have decreased holdings from 13.76% to 12.75% in Mar 2022 qtr
2. Mutual Funds have increased holdings from 8.85% to 9.23% in Mar 2022 qtr.
Notes:
The above analysis is just for educational purpose.
Industry: Cement and Cement Products
The stock is discounted at 17% from all time high levels.
Daily Chart:
1. Respecting its falling trendline
2. Forming RSI Bearish Divergence (Stock is forming HH and RSI is forming LL)
3. Formed Doji and Shooting Star (bearish candles) on trendline
Addl Points:
1. FII/FPI have decreased holdings from 13.76% to 12.75% in Mar 2022 qtr
2. Mutual Funds have increased holdings from 8.85% to 9.23% in Mar 2022 qtr.
Notes:
The above analysis is just for educational purpose.
Aviso legal
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