• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Lokeshwarri S.K.

The price action in ACC was seen to be contracting last week. The price took support at the 50 day EMA positioned at Rs 796.

But the momentum and the volumes suggest lack of strength at current levels.

A breakout above Rs 835 is required to take the price to Rs 855 or Rs 886.

Hold short-term trading positions with a stop-loss at Rs 740.

Fall below Rs 740 can take the price to Rs 695.

More Stories on : Technical Analysis | Stock Markets | Cement

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Goldstone Technologies: Reject

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line