NSE:HDFCAMC Analysis on a weekly timeframe!
Double Bottom Pattern in HDFCAMC!
RSI Divergence in HDFCAMC!
Entry = Above Neckline
Stop Loss = Below 2216.95
Target = 3344.40
Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward...
Date : 4-Sep-2023
Rating : Buy
LTP : Rs. 623.40
Target : Rs. 665 --> 695 --> 735
SL : 600 on closing basis
Exit Plan : Follow the 7/13/26 DEMA cross down on closing basis.
NSE:GNFC has given multiple break outs on the chart.
1. Break out from primary down trend.
2. Break out from long time resistance at 614 level.
3. Break out from the neck line of double...
NIFTY 50, on the confirmation line to break out the double bottom formation, will it lead to reclaim 8,600 in to the budget or will it retest 8,000 level on budget week and push run towards 8,600 or break 8,000 and towards 7,600?
