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Finsensei69

HDFCAMC in accumulation phase

Long
HDFC ASSET MANAGEM (NSE:HDFCAMC)  
Finsensei69  
NSE:HDFCAMC   HDFC ASSET MANAGEM
Trend Analysis Pennant Beyond Technical Analysis HDFC NIFTY indian Stocks futures
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trendanalysis pennant beyondta hdfc nifty indian stocks futures
HDFCAMC has formed a pennant pattern on a daily timeframe which is being backed by the support zone.

Reasons to enter -

1. Accumulating for the last 4 trading sessions.
2. Testing the trendline 3rd time.
3. Overall Market structure is bullish
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