Long HDFC AMC for target of 2700 - 3300 - 3800

Updated
Long HDFCAMC for Long term near 1800 with stop loss of 1740 on closing basis.

Following are likely target
Buy near 1800
Target 1 - 2700
Target 2 - 3300
Target 3 - 3800
SL 1760
Note
Once Aberdeen Investments sells all the shares to new promoter. Its time for new rally preparation and one of the main reason for the price fall from 3K
Note
One more good news. LIC increased its stake above 9% in this company by purchasing almost all market transactions.....wonder who was tightening the noose against shorters :D
Trade active
Target 1 achieved
Note
Target 2 achieved
Trade closed: target reached
Third target also done. Call closed
Took 1.5 years to complete
Harmonic PatternsHDFCAMChdfcamclong

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