HDFCAMC Fall expectedI am not holding HDFCAMC. You may book profits here
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HDFCAMC
HDFCAMC Is Something Cooking ?Hello Friends,
From last few weeks HDFCAMC is making some unusual moves which indicates that there's something happening. Around 1900 there's some big buying emerged as we can see on the charts. Currently HDFCAMC is trading on 2498.60 NSE.
The pattern is bullish, as the market is witnessing a selling pressure from last many days this particular share is trading on a flat to positive price as visible on charts.
One can buy this script for a longer time as well as a trading opportunity.
"Stop losses can be deep just to avoid the volatility in the market."
Following Trade Positions can be made in HDFCAMC:
1 - In cash the stock can be bought for a target of 2765 in September with a stoploss of 2417
2 - In futures the stock can be bought for a target of 2745 in September with a stoploss of 2407
3- Options CE 2500 September Expiry trading at 55 can be bought for a Target of 175 with a stop loss of 27 INR
Disclaimer - REGISTERED SUB BROKER IN NATIONAL STOCK EXCHANGE.
HDFC AMC - Seems Bullish with cup and handleHDFC AMC is making long term cup and handle pattern. Wait for the handle to break out for an amazing target.
Currently banks and financial services setor is doing great. Some stocks gace over 50% return in last one year. Keep an eye on RBI policy announcement..
Seeing impulse on HDFC AMCI’m impulse with this share. For long run we can hold on and slowly accumulate.
It may give a correction at this level or slight up ad then a low and then the impulse rally begins.
At end of the day Im impulse in this scrip unless any bad news arrive in the fundamental.
More Foreign investor and domestic investors are accumulating and less retail investor are in.
I’m not a SEBI advisor. Before taking any trade kindly consult ur financial divisor. I’m just sharing my view.
Your comments are most welcomed!…
HDFC AMC looks good for Positional Trade.HDFC AMC looks good for Positional Trade. W pattern breakout given on Monthly chart. Also RSI is showing strength, can be a good buy on Dips.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
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HDFC AMC LONGThis weekly chart of HDFC AMC
ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
HDFC AMC BreakoutAMC - Asset management companies had a setback with the new Taxation policy on Debt products,
HDFC AMC also suffered however it is bouncing back, and still has a lot a bounce left after this resistance
Buy above 1711 for good R;R, as per Drawing on the chart , this is April Future Chart
HDFCAMC is looking bullish..!!HDFCAMC in 2019 crossed 1800 levels, and its been 4 years, still trading at the same level.
1800 is an excellent weekly, yearly, monthly support.
by keeping SL as 1800, one can take long view in HDFCAMC.
Risk rewards ratio is 10.5, which is extrardinory in equity market.
** I AM NOT SEBI registered advisor please consult financial advisor for your investment.
**This is only for educational purpose you can also share your thoughts on the comments
HDFCAMC trading in channelHDFC AMC is trading in a channel and is negative short term - Short term target is 1974
If you see the channel bottom there is a heavy buying going on so breaking down of the channel on downside is a low probability. In case it breaks then level is around 1500 - 1000. (Closing below on monthly basis)
Long term target of 3300 is still intact if it doesn't break channel on lower side.