Sandeepk31

Long Term Bullish - Target 2400, 3400 and 4800

Long
NSE:HDFCAMC   HDFC ASSET MANAGEM
This is monthly chart hence its a long term target and there will be many corrections in between. Following are the possible targets in coming months or 2-3 years.

Target 1 - 2426
Target 2 - 3440
Target 3 - 4800 (if Market bullish and if it forms Cup and handle pattern on monthly chart)

Also on daily weekly chart this stock is forming cup and handle formation if it continues to current trend.

Looks positive.

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