ACC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.4

📊 Chart Patterns & Trend: ACC is trading below both its 50 DMA (1,827 ₹) and 200 DMA (1,905 ₹), indicating short-term weakness. Price action shows the stock hovering near its 52-week low (1,747 ₹), suggesting strong support but also vulnerability to further downside.

📈 Moving Averages: Current price (1,753 ₹) is below both moving averages, signaling bearish momentum in the short term.

📉 RSI: At 30.6, RSI is near oversold territory, hinting at potential accumulation or bounce opportunities.

📊 MACD: Negative MACD (-24.2) confirms bearish momentum, though oversold RSI may limit further downside.

📊 Bollinger Bands: Price is near the lower band, suggesting oversold conditions and possible short-term reversal if buying interest emerges.

📊 Volume Trends: Current volume (1.00L) is below the 1-week average (1.29L), showing weak participation and lack of conviction in recent moves.

🎯 Entry Zone: 1,740–1,760 ₹ (near support and oversold RSI).

🚪 Exit Zone: 1,850–1,900 ₹ (resistance near DMA levels).

⚠️ Stop Loss: 1,720 ₹ (below recent support).

📌 Overall Trend: Stock is consolidating near support with bearish bias. A reversal is possible if RSI-driven buying emerges, but sustained move above 1,850 ₹ is needed to confirm strength.

Positive

• Strong quarterly PAT growth (384 Cr. → 1,112 Cr.).
• Low debt-to-equity ratio (0.02).
• Attractive P/E of 10.2 vs industry average of 33.2.
• EPS of 177 ₹ indicates solid earnings base.

Limitation

• Stock trading below both 50 DMA and 200 DMA.
• Weak volume participation, limiting breakout potential.
• Dividend yield of 0.43% is modest.
• 52-week performance nearly flat (+1.46%).

Company Negative News

• DII holding reduced by -1.58%.
• Stock price under pressure near 52-week lows.

Company Positive News

• FII holding increased by 0.38%.
• Quarterly profit surged 376%, showing strong operational recovery.

Industry

• Industry PE at 33.2, much higher than ACC’s valuation, making the stock relatively undervalued.
• Cement sector remains cyclical but supported by infrastructure demand.

Conclusion

⚖️ ACC is consolidating near strong support levels with oversold RSI suggesting potential rebound. Entry near 1,740–1,760 ₹ offers favorable risk-reward, but resistance at 1,850–1,900 ₹ must be cleared for trend reversal. Fundamentally undervalued compared to peers, yet weak technicals warrant cautious accumulation.