ACC - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical ListTechnical Rating: 2.9
Hereβs a detailed technical analysis of ACC Ltd. (ACC) based on the provided data
π Trend Analysis
Current Price: βΉ1,827 is below both the 50 DMA (βΉ1,920) and 200 DMA (βΉ2,021) β signaling a strong bearish trend.
Trend Status: The stock is in a downtrend, possibly approaching a reversal zone if support holds and momentum improves.
π Momentum Indicators
RSI (28.8): In oversold territory, indicating weak momentum but also a potential short-term bounce.
MACD (-14.2): Negative and diverging, confirming bearish momentum.
Volume: Current volume (4.49L) is below the 1-week average (6.95L), showing low participation and lack of buying interest.
π Moving Averages
Indicator Value (βΉ) Signal
50 DMA 1,920 Resistance
200 DMA 2,021 Resistance
Price trading well below both DMAs confirms strong downward pressure.
π Bollinger Bands
Likely hugging the lower band, consistent with RSI and MACD readings.
This suggests oversold conditions, but no confirmed reversal yet β watch for bullish divergence or volume spike.
π Support & Resistance Zones
Level Price (βΉ) Significance
Support 1 1,775β1,800 Near 52-week low and psychological support
Support 2 1,700β1,725 Historical support zone if breakdown occurs
Resistance 1 1,920β1,950 50 DMA and recent breakdown level
Resistance 2 2,000β2,050 200 DMA and previous consolidation zone
π― Entry & Exit Strategy
Optimal Entry Zone: βΉ1,775ββΉ1,800 (if RSI stabilizes and MACD flattens)
Exit Zone (Short-Term): βΉ1,920ββΉ1,950 (first resistance), βΉ2,000ββΉ2,050 (extended target if reversal confirms)
Stop Loss: βΉ1,740 (below key support)
π Summary
Trend: Strongly bearish, possible reversal zone
Momentum: Oversold, but weak
Volume: Below average, no breakout signs
Technical Setup: High-risk entry; wait for confirmation signals
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