HDFC AMC LTDLong
HDFCAMC's Strong Growth Amid Oversold Conditions
Topic Statement: HDFCAMC reported a stellar 30.8% QoQ growth for the third quarter, with its price correcting during the recent market downturn, now oversold as it approaches crucial support at 3600.
Key Points:
1. Reported 30.8% QoQ growth for Q3.
2. Price corrected in the recent market downturn.
3.Trading under the 180-day moving average, making it oversold.
4. MFI is below 30, indicating oversold conditions.
5. Approaching crucial support at 3600.
Key Points:
1. Reported 30.8% QoQ growth for Q3.
2. Price corrected in the recent market downturn.
3.Trading under the 180-day moving average, making it oversold.
4. MFI is below 30, indicating oversold conditions.
5. Approaching crucial support at 3600.
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