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Unite Technologies Financial

16th Jan · SEBI-Registered Analyst

ACC Limited (ACC)

ACC
Similar to Sanofi, ACC has been under selling pressure recently. However, the price action over the last 3–4 sessions indicates a strong base formation near the ₹1,700 level. A clear "U-shaped" recovery is visible on the edge of the chart. The latest session shows a +1.59% gain, crossing above the immediate 10 and 20 EMA . This suggests that the oversold conditions are being corrected. Strong psychological and technical support is at ₹1,687. Resistance is pegged at ₹1,800, where the previous breakdown initiated. ACC looks the most promising for a short-term recovery. If it sustains above ₹1,760, we may see a move toward the ₹1,820 zone.

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