HDFC AMC CMP 3099 The stock has taken resistance at previous top Current set up has target of 2930 As a safer bet, Consider selling 3200 Call option
SYMMETRICAL TRIANGLE PATTERN Volumes – Falling volumes during the formation of a symmetrical triangle is a favorable sign and high volumes on breakout agree that the price will continue in the direction of the breakout.
If the price starts to move up, then it's testing the support. Buy and Hold for good targets CHART STUDY - NOT A CALL
Buy Hdfc AMC Stoploss 2780 Target 3000-3100 Study: Demand & Supply Structure + Breakout Retest Structure
HDFC Asset management is in its strong support zone, wait for fo its breakdown and give entry on the downside, trade only it breaks the zone or else do not trade 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and...
" TECHNICAL ANALYSIS OF NSE:HDFCAMC The LAST CLOSE PRICE of NSE:HDFCAMC is 2947.95 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 2946.8. From here, the Key Support and Resistance levels are SUPPORT 1 at...
Near its long time frame resistance.
Trying my luck in setting targets and SL for swings. Notes: NSE:HDFCAMC has been in a descending channel since the start of this year. This is the 3rd testing of the top channel and the candles are yet to show a clear rejection with a string shadow which would mean a bullish breakout is still an option. If it does break, I guess a retesting of the top...
Hdfcamc looking bullish.. Keep watch on 61 line of Fib retracment.. Buy triggered whenever it crosses 61 line.. Target is 3200
HDFC AMC is the investment manager to HDFC Mutual Fund, one of the leading mutual funds in the country. Buy at CMP for a target of 3358, horizon: 6 Weeks.