HDFCAMC - Clearcut breakout and buy with SL 3850, upside easy 15% 4500 can be seen in short period of time..
HDFC Asset Management Company Ltd is quoting at Rs 3876.05, up 2.79% on the day as on 12:44 IST on the NSE. The stock is up 114.28% in last one year as compared to a 25.32% gain in NIFTY and a 14.21% gain in the Nifty Financial Services. HDFC Asset Management Company Ltd
The chart is self-explanatory and is shared for educational purposes. HDFCAMC stock is currently experiencing a prolonged consolidation phase, accompanied by high volume breakouts. Additionally, it is trading above the moving averages of 50MA, 150MA, and 200MA. Considering these parameters, it is expected to move in an upward direction.
1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levels
Breakout possible in HDFC Asset Management Company Ltd .Today volume was very high
HDFC AMC got resistance near 3858( ATH), and then after forming Triangle Consolidation have a close look. will keep you all posted once it gives the triangle breakout, it has the potential to give huge returns Targets are given on the screen. SL should be the Previous candle low of the Breakout Candle. Dis: I am Not SEBI registered, This is for your Education...
HDFCAMC has good breakout with W pattern. Big target is visible ones it re-test. According to advance fibo levels.
HDFCAMC waiting for breakout.Risky players can buy above 3790,Safers wait for the breakout
Reason for long a) Triangle breakout b) QQE support above zero line c) Weekly breakout d) Super vwap breakout e) Channel support f) SL compulsory
Weekly and daily strong RS Daily trend line break Price taking support from weekly 8ema Long at 3810 sl 3586 tgt 4070
HDFC Asset Management Analyasis on 18 Mar 24 Formation of cup and handle pattern try to buy 1/3 of your total buying capacity if comes down till 3100 to 3300 buy balance quantity (Pyramiding Concept) Stoploss 2800 target 3500 - 3600 - 4000 - 4500 Cup and Handle Target 5000
price is at crucial level of resistance MACD 12-26 contaction towards signal line can move either side -wait for a decisive move my view is bearish target aand SL marked .risky trade
Stock is rising in an impulsive manner forming higher highs and higher lows. Any dip should be taken as buying opportunity for the upside target zone of 3800-4000 in the coming months.
Reason for long a) Weekly breakout b) Mr.14 Set up c) trendline breakout d) pole and flag set up e) SL compulsory
BUY HDFCAMC Entry - 3780 Target - 4180 Stoploss - 3580 Risk Reward Ratio - 1:2
price stock is streching its valuation double top formation in hourly chart hourly charts 12-26 MACD negative divergence also negtaive divergence on 3-6 MCD and12-26 MACD charts (dialy ) bit risky trade target and stop loss marked
HDFC AMC Ltd Cmp 3875 dated 16-2-2024 Weekly Chart (Investment Idea) 1. Rounding Pattern BO @ 3880 2. Rectangle Consolidation BO @ 3880 Buy above 3880 & dips till 3700 tgt 4000-4200-4400-4600-4800-5000-5200 SL 3550 Pattern Target is 6000 SL 3300