Skip to main content

ACC Share Price Target: Buy Recommendation and Market Outlook

ACC Share Price Target: Buy Recommendation and Market Outlook

Introduction Investors are always on the lookout for lucrative opportunities in the stock market. One such opportunity presents itself with ACC Limited, a leading cement manufacturer in India. Based on technical analysis and market trends, we recommend a BUY on ACC at ₹1964.5 with a stop-loss (SL) at ₹1945 and target prices (TGT) of ₹1987 and ₹1992.


ACC Share Price Target: Buy Recommendation and Market Outlook

Technical Analysis & Market Sentiment ACC Limited has shown strong momentum in recent trading sessions. Here’s why this stock is worth considering:

  1. Support and Resistance Levels: The stock is currently positioned near a support level, making it an ideal entry point for investors.

  2. Volume Analysis: Increased trading volume suggests positive investor sentiment, strengthening the possibility of an upward movement.

  3. Moving Averages: The stock price is aligning well with key moving averages, indicating a bullish trend.

  4. Sector Performance: The cement sector has been performing well due to rising infrastructure demand and government policies favoring construction growth.

Trade Strategy

  • Buy Entry: ₹1964.5

  • Stop Loss: ₹1945 (to mitigate risk)

  • Target 1: ₹1987

  • Target 2: ₹1992

Risk & Reward Considerations Investing in stocks always carries some level of risk. By setting a strict stop-loss at ₹1945, traders can limit their downside exposure. The risk-reward ratio in this trade is favorable, making it an attractive short-term bet.

Conclusion ACC Limited presents a compelling opportunity for traders looking for short-term gains. Given its current technical indicators and market sentiment, buying at ₹1964.5 with a target of ₹1987 and ₹1992 could be a profitable move. However, as always, investors should conduct their own research and consult financial experts before making trading decisions.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please trade responsibly and manage your risk accordingly.

Comments

Post a Comment

Popular posts from this blog

SBI PO 2025 Prelims Admit Card Released: How to Download & Important Details

SBI PO 2025 Prelims Admit Card Released: How to Download & Important Details The State Bank of India (SBI) has officially released the admit cards for the SBI PO 2025 Preliminary Examination. Candidates who have registered for the Probationary Officer (PO) recruitment exam can now download their call letters from the official website, sbi.co.in The SBI PO Prelims 2025 exam is scheduled to take place on March 8, 16, and 24, and candidates must carry their admit card to the exam center. How to Download SBI PO 2025 Prelims Admit Card Follow these simple steps to download your SBI PO prelims admit card: Visit the official website – sbi.co.in Click on the "Careers" section. Look for the SBI PO 2025 Recruitment section and find the admit card link. Enter your login credentials – Registration number and Date of Birth/Password. Submit the details and the admit card will be displayed on the screen. Download and print the admit card for future reference. Details Mention...
Post a Comment
Read more

Vedanta Share Price Target 2025 - Detailed Analysis

Vedanta Share Price Target 2025 Vedanta Limited, a prominent player in India's natural resources sector, has garnered significant attention from investors due to its diversified portfolio and consistent performance. As of March 2025, the company's market capitalization stands at approximately ₹1.77 lakh crore, with a price-to-earnings (P/E) ratio of 15.65 and a dividend yield of 10.42%.  These metrics underscore Vedanta's robust financial health and its appeal to income-focused investors. Historical Performance and Current Position Over the past year, Vedanta's share price has exhibited notable growth: 52-Week High: ₹526.95 52-Week Low: ₹249.50 Current Price: ₹452.60 (as of March 2025), reflecting a 79.50% increase over the last year.  FINANCIALSEARCHGROUP.COM This upward trajectory can be attributed to strong financials and attractive dividend payouts, positioning Vedanta as a preferred choice for income-driven investors. Share Price Targets: 2025 to 2030 A...
Post a Comment
Read more

Coforge Shares Surge 9% After Major Announcements – Here’s Everything You Need to Know

Coforge Shares Surge 9% After Major Announcements – Here’s Everything You Need to Know Coforge Ltd saw a strong rally in its stock price, jumping 9% in a single session after the company made three key announcements. Investors reacted positively, leading to increased buying interest in the stock. Here’s a detailed breakdown of what happened and what it means for investors. Key Announcements That Drove Coforge’s Stock Rally 1. Stock Split: 1:5 Sub-Division of Shares One of the biggest highlights was Coforge’s board approval for a stock split in the ratio of 1:5. This means: Existing 1 equity share of ₹10 face value will be split into 5 equity shares of ₹2 face value. This move enhances liquidity and makes the stock more affordable for retail investors. Historically, stock splits often lead to increased trading volumes and better price discovery. 2. Strong Financial Performance & Business Growth Investors are optimistic about Coforge’s consistent growth trajectory in the ...
Post a Comment
Read more