๐ HDFCAMC โ Strong Bullish Breakout on High Volume
๐ Setup Date: 18.07.2025 | โฑ Timeframe: Daily
๐ Strategy: Short-Term HNI Swing Setup
__________________________________________________________________________________
๐ Price Action Summary โ HDFCAMC
HDFCAMC has delivered a textbook price action breakout, marked by a wide-range bullish candle on 3x average volume โ confirming strong institutional participation. After weeks of tight consolidation and multiple failed attempts near the โน5,385 resistance zone, the price finally broke out with a clean close near dayโs high, indicating minimal selling pressure and clear buyer dominance. The breakout follows a classic compression-before-expansion setup, with the previous range acting as a base for momentum. Importantly, the absence of upper wick, strong follow-through, and volume-backed surge signal genuine strength โ not a false breakout. Price has now entered a discovery phase with open space toward โน5,673โโน5,800. As long as โน5,385 holds as support, the bulls remain in control, and dip buying remains a high-probability setup. This is a classic case of price action speaking louder than indicators โ structure, strength, and story all aligned.
__________________________________________________________________________________Trade Logic โ Why This Setup:
Strong Price Structure: The stock has formed a bullish candle backed by a 20-day volume breakout, closing near the highsโindicating strong, sustained demand.
Breakout Confirmation: Price has cleanly broken out from a short-term base formed by multiple candle congestion. It's also trading above the prior resistance level of โน5,385, confirming breakout strength.
__________________________________________________________________________________ Indicator Confluence: The RSI stands strong at 72, signaling bullish momentum. Additionally, the stock is breaking out of a Bollinger Band squeezeโan early sign of a potential momentum ignition. MACD, CCI, and Stochastic indicators are all aligned in bullish zones across daily, weekly, and monthly timeframes.
EMA Alignment: The stock is trading above all major exponential moving averages (9, 20, 50, 100, and 200 EMA), suggesting healthy trend harmony and support at every timeframe.
VWAP Positioning: Current price action remains well above the daily VWAP, indicating buying interest from institutional players and strong demand zones building underneath.
Volume Spike: Today's volume was 1.61 million, compared to the 10-day average of 452,000โmore than a 3x surge, confirming strong buyer conviction and institutional participation.
Open Upside Potential: There are no significant supply zones visible until โน5,800โโน6,000, offering a clear path for price expansion and swing targets.
Sector Tailwinds: The financial services and AMC sector is witnessing renewed traction after positive earnings and improved fund flow trends, supporting broader strength in related counters.
__________________________________________________________________________________ Would I Enter Now?
YES โ Enter Now or on Dip
Reason: Price has just cleared a major volume cluster with strong momentum. Waiting too long might mean missing the breakout. The best approach would be:
โข Enter 50% now
โข Add 50% near โน5,495โโน5,485 if thereโs an intraday dip
__________________________________________________________________________________ ๐ Resistance Zones
โข ๐ด R1: 5,591.5 (possibly weak)
โข ๐ด R2: 5,673
โข ๐ด R3: 5,797
๐ Support Zones
โข ๐ข S1: 5,385
โข ๐ข S2: 5,261
โข ๐ข S3: 5,179
__________________________________________________________________________________ Direction: Buy (Bullish Bias)
Entry Price: โน5,510 (Current Market Price)
Alternate Entry: On slight dips to โน5,485โโน5,495 (ideal risk-managed zone)
Stop Loss: โน5,385
Reason: This is Support 1 and a key VWAP-based level from the recent volume structure. A breach here invalidates the bullish strength.
RiskโReward Ratio: 1:1 | 1:2 | +
__________________________________________________________________________________ Overall Bias: Bullish
Spot Price: โน5,510
Trend: Strong upward momentum
Volatility: Slightly cooling IV (esp. in puts), but still elevated โ good for defined-risk strategies
Ideal Strategy Mix: Naked CE or Call Debit Spread (defined-risk bullish strategy)
1. ๐ผ Bullish Trade (Naked options as per trend)
Best CE: Buy 5400 CE @ โน197.95
Why: Strong long buildup with rising OI, high volume, and solid delta โ indicating institutional interest and momentum-backed directional strength.
__________________________________________________________________________________ 2. ๐ฝ Bearish Trade (Naked options as per trend)
Best PE: Sell 5200 PE @ โน26.5
Why: Strong put writing seen with rising OI and price drop, suggesting low downside risk and income potential if bullish trend holds.
__________________________________________________________________________________
3. โ๏ธ Strategy Trade (As per trend + OI data)
Strategy: Call Debit Spread โ Buy 5400 CE + Sell 5600 CE
Net Debit: โน197.95 - โน92.6 = โน105.35
Max Profit: โน200 (spread) - โน105.35 = โน94.65
Max Loss: โน105.35
Risk:Reward โ 1 : 0.9
Lot Size: 150
Total Risk: โน15,802.5
Max Profit: โน14,197.5
Why: This call spread is ideal because both the 5400 CE and 5600 CE are showing strong long build-up, indicating that traders expect the price to move higher. The 5600 CE has a sharp 168% jump in open interest with high volume, suggesting itโs a realistic target zone. By using a spread (buying 5400 CE and selling 5600 CE), we reduce the upfront cost and limit losses while still capturing upside. It also protects against time decay if the stock consolidates before moving up.
__________________________________________________________________________________ โ Disclaimer (Please Read):
โข These Trades are shared for educational purposes only and is not investment advice.
โข I am not a SEBI-registered advisor.
โข The information provided here is based on personal market observation.
โข No buy/sell recommendations are being made.
โข Please do your own research or consult a registered financial advisor before making any trading decisions.
โข Trading involves risk. Always use proper risk management.
STWP is not responsible for trading decisions based on this post.
__________________________________________________________________________________ ๐ฌ Found this helpful?
Drop your thoughts or questions in the comments below โฌ๏ธ
๐ Share this post with your trading community โ let them benefit from clean charts, structured setups, and zone-based learning.
โ Follow simpletradewithpatience for charts, clean setups, and educational content based on price action, zones, and risk-managed trades.
๐ Trade with patience, trust your charts, and stay clear-headed!
Be Self-Reliant | Trade with Patience | Learn with Charts & Zones ๐
__________________________________________________________________________________
*********************************************************************************************************************
Caution: This is a result based stock
*********************************************************************************************************************
๐ Setup Date: 18.07.2025 | โฑ Timeframe: Daily
๐ Strategy: Short-Term HNI Swing Setup
__________________________________________________________________________________
๐ Price Action Summary โ HDFCAMC
HDFCAMC has delivered a textbook price action breakout, marked by a wide-range bullish candle on 3x average volume โ confirming strong institutional participation. After weeks of tight consolidation and multiple failed attempts near the โน5,385 resistance zone, the price finally broke out with a clean close near dayโs high, indicating minimal selling pressure and clear buyer dominance. The breakout follows a classic compression-before-expansion setup, with the previous range acting as a base for momentum. Importantly, the absence of upper wick, strong follow-through, and volume-backed surge signal genuine strength โ not a false breakout. Price has now entered a discovery phase with open space toward โน5,673โโน5,800. As long as โน5,385 holds as support, the bulls remain in control, and dip buying remains a high-probability setup. This is a classic case of price action speaking louder than indicators โ structure, strength, and story all aligned.
__________________________________________________________________________________Trade Logic โ Why This Setup:
Strong Price Structure: The stock has formed a bullish candle backed by a 20-day volume breakout, closing near the highsโindicating strong, sustained demand.
Breakout Confirmation: Price has cleanly broken out from a short-term base formed by multiple candle congestion. It's also trading above the prior resistance level of โน5,385, confirming breakout strength.
__________________________________________________________________________________ Indicator Confluence: The RSI stands strong at 72, signaling bullish momentum. Additionally, the stock is breaking out of a Bollinger Band squeezeโan early sign of a potential momentum ignition. MACD, CCI, and Stochastic indicators are all aligned in bullish zones across daily, weekly, and monthly timeframes.
EMA Alignment: The stock is trading above all major exponential moving averages (9, 20, 50, 100, and 200 EMA), suggesting healthy trend harmony and support at every timeframe.
VWAP Positioning: Current price action remains well above the daily VWAP, indicating buying interest from institutional players and strong demand zones building underneath.
Volume Spike: Today's volume was 1.61 million, compared to the 10-day average of 452,000โmore than a 3x surge, confirming strong buyer conviction and institutional participation.
Open Upside Potential: There are no significant supply zones visible until โน5,800โโน6,000, offering a clear path for price expansion and swing targets.
Sector Tailwinds: The financial services and AMC sector is witnessing renewed traction after positive earnings and improved fund flow trends, supporting broader strength in related counters.
__________________________________________________________________________________ Would I Enter Now?
YES โ Enter Now or on Dip
Reason: Price has just cleared a major volume cluster with strong momentum. Waiting too long might mean missing the breakout. The best approach would be:
โข Enter 50% now
โข Add 50% near โน5,495โโน5,485 if thereโs an intraday dip
__________________________________________________________________________________ ๐ Resistance Zones
โข ๐ด R1: 5,591.5 (possibly weak)
โข ๐ด R2: 5,673
โข ๐ด R3: 5,797
๐ Support Zones
โข ๐ข S1: 5,385
โข ๐ข S2: 5,261
โข ๐ข S3: 5,179
__________________________________________________________________________________ Direction: Buy (Bullish Bias)
Entry Price: โน5,510 (Current Market Price)
Alternate Entry: On slight dips to โน5,485โโน5,495 (ideal risk-managed zone)
Stop Loss: โน5,385
Reason: This is Support 1 and a key VWAP-based level from the recent volume structure. A breach here invalidates the bullish strength.
RiskโReward Ratio: 1:1 | 1:2 | +
__________________________________________________________________________________ Overall Bias: Bullish
Spot Price: โน5,510
Trend: Strong upward momentum
Volatility: Slightly cooling IV (esp. in puts), but still elevated โ good for defined-risk strategies
Ideal Strategy Mix: Naked CE or Call Debit Spread (defined-risk bullish strategy)
1. ๐ผ Bullish Trade (Naked options as per trend)
Best CE: Buy 5400 CE @ โน197.95
Why: Strong long buildup with rising OI, high volume, and solid delta โ indicating institutional interest and momentum-backed directional strength.
__________________________________________________________________________________ 2. ๐ฝ Bearish Trade (Naked options as per trend)
Best PE: Sell 5200 PE @ โน26.5
Why: Strong put writing seen with rising OI and price drop, suggesting low downside risk and income potential if bullish trend holds.
__________________________________________________________________________________
3. โ๏ธ Strategy Trade (As per trend + OI data)
Strategy: Call Debit Spread โ Buy 5400 CE + Sell 5600 CE
Net Debit: โน197.95 - โน92.6 = โน105.35
Max Profit: โน200 (spread) - โน105.35 = โน94.65
Max Loss: โน105.35
Risk:Reward โ 1 : 0.9
Lot Size: 150
Total Risk: โน15,802.5
Max Profit: โน14,197.5
Why: This call spread is ideal because both the 5400 CE and 5600 CE are showing strong long build-up, indicating that traders expect the price to move higher. The 5600 CE has a sharp 168% jump in open interest with high volume, suggesting itโs a realistic target zone. By using a spread (buying 5400 CE and selling 5600 CE), we reduce the upfront cost and limit losses while still capturing upside. It also protects against time decay if the stock consolidates before moving up.
__________________________________________________________________________________ โ Disclaimer (Please Read):
โข These Trades are shared for educational purposes only and is not investment advice.
โข I am not a SEBI-registered advisor.
โข The information provided here is based on personal market observation.
โข No buy/sell recommendations are being made.
โข Please do your own research or consult a registered financial advisor before making any trading decisions.
โข Trading involves risk. Always use proper risk management.
STWP is not responsible for trading decisions based on this post.
__________________________________________________________________________________ ๐ฌ Found this helpful?
Drop your thoughts or questions in the comments below โฌ๏ธ
๐ Share this post with your trading community โ let them benefit from clean charts, structured setups, and zone-based learning.
โ Follow simpletradewithpatience for charts, clean setups, and educational content based on price action, zones, and risk-managed trades.
๐ Trade with patience, trust your charts, and stay clear-headed!
Be Self-Reliant | Trade with Patience | Learn with Charts & Zones ๐
__________________________________________________________________________________
*********************************************************************************************************************
Caution: This is a result based stock
*********************************************************************************************************************
๐ STWP | Mentor | Demand & Supply Specialist
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ STWP | Mentor | Demand & Supply Specialist
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.