Sandeepk31

Long HDFC AMC for target of 2700 - 3300 - 3800

Long
Sandeepk31 Updated   
NSE:HDFCAMC   HDFC ASSET MANAGEM
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
Comment:
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
Comment:
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
Comment:
Target 2 achieved
Trade closed: target reached:
Third target also done. Call closed
Took 1.5 years to complete

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