$ACM

Market Event: ACM dipped into local sell-side liquidity and is trying to defend the Rs113.50 area.

Momentum Implication: A firm response here would suggest the downside move was more of a sweep than trend expansion.

Levels: • Entry Price (EP): Rs113.70–Rs114.20

• Trade Target 1 (TG1): Rs116.00

• Trade Target 2 (TG2): Rs118.40

• Trade Target 3 (TG3): Rs121.00

• Stop Loss (SL): Rs112.30

Trade Decision: This is a reaction trade only, with execution dependent on support holding without hesitation.

Close: If Rs113.50 stays intact, price can rotate back into prior range.

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ACM

0.403

-1.22%