Friday, June 21, 2013



ACC looks weak. ACC broke down the flat parallel channel.Stock may see the support levels at 1125.

Stock also forming HnS with neck line at 1100. Its good to go short on ACC with SL at yesterdays high.

We may see targets of 1125. If that the trend line at this level is broken then 1100 levels.

Watch this stock from it will be bouncing. In medium term to long term I see that the stock may break down the neck line at 1100 levels and move to much lower levels.

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