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ACC

The scrip continued to build on the pullback rally that is on from the low of Rs 910.

The minor C of this move is on currently and has the target of Rs 1,111 and then Rs 1,179.

The Rs 1,100 level is an important resistance as it falls at the 61.8-per cent retracement of the fall from Rs 1,192.

Traders ought to tread cautiously till the stock closes firmly above Rs 1,100.

A reversal from these levels can see the stock sliding to Rs 983 and Rs 910 once more. Hold with a stop-loss at Rs 1,040.

Lokeshwarri S. K.

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