HDFC AMC Parallel Channel and Possible Extension in 5th Wave
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level
Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term.
Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends.
Do your own study, check fundamentals too.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level
Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term.
Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends.
Do your own study, check fundamentals too.
