1) Flag breakout
2) ACC is one of the cheapest stock due to lack of expansion and older plants generating lower ebitda/tonne
3) ACC is looking at JP assoc cement capacity of 5.5 mnt in central india
4) Buy at 1640 - SL closing price -1624---- there is no resitance till 1900 which gives a good risk to reward ratio
5) Risk - ban on pet coke use
2) ACC is one of the cheapest stock due to lack of expansion and older plants generating lower ebitda/tonne
3) ACC is looking at JP assoc cement capacity of 5.5 mnt in central india
4) Buy at 1640 - SL closing price -1624---- there is no resitance till 1900 which gives a good risk to reward ratio
5) Risk - ban on pet coke use