Shares of cement manufacturer ACC Ltd rise 2.63 pct to 1354.75 rupees, their highest since Nov. 16.
Stock price cuts above its 14-day Simple Moving Average(SMA).
RSI crossed above 30 on Monday from oversold zone, a positive for the stock.
Trend Intensity indicator (TI) starts falling from a high of 39 points, suggesting downtrend is losing steam.
MACD crossed above its signal line on Tuesday, another positive for the stock.
Stock down 3 pct this year as of Tuesday's close, compared with a 2.46 pct gain for the NSE index.
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