ACC Ltd – Bullish Reversal Watch Near Key Support

ACC Ltd is showing fresh buying interest after a prolonged correction, with a strong bullish candle emerging near the ₹1,112–₹1,137 support zone. This may indicate a short-term recovery attempt, although confirmation is needed before expecting a sustained reversal. 🔎 Technical Observations: • Strong bullish candle after recent selling pressure • Price rebounding from a key support zone • Volume activity supporting the recovery attempt • Overall trend remains cautious until resistance is reclaimed 🔑 Key Levels to Watch: • Immediate Support: ₹1,162–₹1,137 • Major Support: ₹1,112–₹1,087 • Immediate Resistance: ₹1,209–₹1,238 🚀 Upside Levels: ₹1,238 | ₹1,264 | ₹1,289 📉 Risk Scenario: A sustained breakdown below ₹1,112 may weaken the recovery setup and increase downside pressure. 📈 Trading View: Sustaining above ₹1,209 may strengthen bullish momentum towards higher resistance levels. Watch price action and volume for confirmation, as a single bullish candle does not establish a confirmed trend reversal. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊