srikartiram
Long

HDFCAMC | W pattern + Delivery volume is increased drastically

NSE:HDFCAMC   HDFC ASSET MANAGEM
CMP : 2406
Target : 2560
SL : 2360

Risk Reward = 1:4+

I see RSI divergence in Hourly, 2 Hour, 30 min's time frame
Looks W pattern to my eyes
Delivery volume for the last 8 days consistently above 65%
Support level is respected for the last 4 months

Track our old analyze : https://docs.google.com/spreadsheets/d/1...

Comments

HOW THE DELIVERY VOL RELATED WITH UPMOVE?
+1 Reply
srikartiram Shyamraaja
@Shyamraaja, I see delivery volume as investors are interested in this stock, the more % they take delivery they feel confident on that stock to hold. Along with support level + high delivery it is a probability for me.
Reply
Shyamraaja srikartiram
@srikartiram, There is possibility of selling delivery. So, we cant exactly say that it is buying delivery. Be Careful !!!
Reply
srikartiram Shyamraaja
@Shyamraaja, Haha. Delivery volume is not Volume you seeing in Volume indicator.

Yep regardless of any factor market can go any direction that is why we have risk management
Reply
Shyamraaja srikartiram
@srikartiram, lETS SEE.. ALL THE BEST!!!
ALSO, VISIT MY PAGE: https://in.tradingview.com/u/Shyamraaja/
Reply
MANISH73 srikartiram
@srikartiram, Is there anyway on trandingview platform we can see delivery volume or you check use sight for the same
+1 Reply
srikartiram Shyamraaja
@MANISH73 Hello, I don’t think TradingView platform has deliverable volume details. I usually check in moneycontrol and NSE website directly.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out