ACC Trade Setup for the Week(14–18 July 2025) – Uptrend Channel

前天

ACC Ltd. (NSE: ACC) has been trading inside a clean uptrend channel for the past few weeks, bouncing consistently between rising support and resistance. Now, it approaches a critical inflection point — the lower support of the channel.

While no breakdown has occurred yet, the structure is weakening, and a bearish opportunity may soon present itself. Let’s explore how to trade this if the setup confirms.

1. What’s Happening on the Chart?

ACC is trading close to the channel support zone (~₹1975).
The resistance zone near ₹2000–₹2020 has held strong.
A potential breakdown below the rising green support trendline could trigger a bearish move toward the ₹1910–₹1920 demand zone.

But nothing is confirmed yet — this is a watchlist setup.

2. Trade Setup – Conditional Bearish Opportunity
✅ Trade Plan:

Wait for breakdown of the rising support line.
After breakdown, wait for a re-test of the broken support zone (~₹1975–₹1980).
Look for bearish confirmation via a candlestick pattern (engulfing or strong rejection) on the 15-min or 1-hour timeframe.

🚨 Entry Trigger:
Only enter short if re-test holds and price starts reversing.

📉 Stop Loss:
SL should be above the re-test high (around ₹1990–₹1995).

🎯 Target:

Profit booking zone: ₹1910–₹1920.
Potential R:R: 1:2, 1:3, or even 1:4 depending on entry.

3. Why This Setup Matters

Trend exhaustion is visible near the upper resistance of the channel.
A clean breakdown + re-test gives a low-risk entry.
The 200 EMA lies near the target zone, providing confluence for mean reversion.

4. What If There’s No Breakdown?

If price respects the support and bounces again, no trade should be taken on the short side.
In that case, look for possible bullish reversal signals back toward channel resistance — or stay neutral.

5. Final Thoughts
This is a highly conditional setup — and patience is the key. Don’t jump the gun. The best trades happen after confirmation.

🔔 What to watch this week:

Breakdown below ₹1975 support
Re-test and rejection from ₹1975–₹1985
Confirmation candle (bearish engulfing)
Only then consider a short trade toward ₹1910 with a well-placed SL.

Plan your trade. Wait for structure. Trade only when the market shows its hand.

前天

註釋

14/07/2025 - Market Opening Updates

- Flat opening but create strong bullish engulfing candle on 15 minutes timeframe
- Holding the support trend line

*Waiting breakdown of support trend line