Hdfcamclong
HDFCAMC Analysis!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 ratio
4)Don't trade with full capital
HDFCAMC Fall expectedI am not holding HDFCAMC. You may book profits here
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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!…
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.
HDFCAMC longPrice has shifted bullish weeks back but has yet to retest some demand zones.
It may not come back for retests but if it does, high RR trades are a given (refer to Tatamotors idea)
Stophunts just prior to the demand zone formations marked in color green add probability.
Note that the zones have been refined based on lower timeframes.
When price touches the demand zone, confirmation such as LTF shift in market structure will provide the entry.
HDFC Asset Management Positional & Swing Opportunity NSE:HDFCAMC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 2121.25
SL :- 1962 (Closing Basis)
Target 1:- 2260
Target 2:- 2371
Target 3:- 2495 and more Trailing basis
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
HDFCAMC Daily Chart Analysis Long Term and Short Term ViewHDFCAMC Daily Chart Analysis Long Term and Short Term View
- Accumulating Volume for very long
- A good volume can lead it to breakout to touch
4000 soon
- Breaking the triangle would lead to fill the gap
- Resistance zone at 3300-3400
- Support at 2700-2800 zone
For short term
-take entry around 2930 for the
-target of 3000-3050
-with sl of 2880
Long Term
-Keep HODLING GOOD STOCK
*Just my view not an investment advice*
HDFC AMC - Looks good at CMP 2929/- for targets of 3400+If my counting is right then, the stock looks good at CMP with SL of 2730/- for higher targets of 3400+.
The stock looks in correction mode of which major A is completed and its moving towards major B wave of which the last leg is still pending.