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CWH Breakout in HDFCAMC
HDFC AMC LTD
Long
CWH Breakout in HDFCAMC
By Manabala
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Updated
Dec 5, 2023
5
Jul 16, 2023
Stock has good potential to move up from this level.
There is a CWH breakout happened on Friday.
As per SMC concept also, there is a clear cut CHoCH and minor BoS which supports this.
Trend is up.
Fundamentally, stock has good ratios.
AMC stocks should give a run up when nifty is making new high as their profit will increase accordingly.
Sep 14, 2023
Trade active
T1 reached.
Nov 1, 2023
Note
Stock is making new HH and HL. Some stocks can be accumulated at this level.
Dec 5, 2023
Trade closed: target reached
T2 achieved.
Chart Patterns
Trend Analysis
Manabala
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