go long on HDFCAMC..stock took support at the red curved line and warning line of pitchfork.....exit target is the top curved line
HDFCAMC trade ideas
HDFC AMC, Short Sell, Target 1 - 2500, Target 2 - 2350It has broken a weekly and a daily support. After the breakdown, support acted as a resistance and now has taken a continuation towards the south. Short build up is also visible. Supported by the selling in the overall market, this could be have a good downside potential.
Best of luck :)
[POSITIONAL] HDFCAMC LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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SortChart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
HDFC AMC BUY Price 2660 RSI divergence MACD crossoverHDFC AMC has completed its correction and there is crossover in MACD and RSI has also moved from oversold to buy zone . Stock is trading below 200 DMA . Target recommended from Fibonacci retracement .
Target 1 23 % retracement .
Target 2 - 38 % retracement .
SL-2580
(Please note : DO your analysis as I am not Sebi-registered analyst)
HDFC AMC - Important Level to TrackHDFC AMC - Important Level to Track
HDFC AMC is trading near the Demand zone, If there is good volume and some Green candles formed then we can add this for Swing Trade.
BUY HDFCAMC - BULLISH HDFC fallen into the Monthly demand zone, expecting good bounce from here hold till Oct-Nov
Entry CMP
Target and Stoploss : Mentioned on Chart
This is for education purpose only trade as per your own risk
HDFC AMC case studyHarmonic pattern formation
Chart pattern formation :- double bottom, symmetrical triangle formation
divergence on rsi..
Waiting for price action confirmation
lets see whats in store,,
learning is best thing to do in life... we all are students of market, dont skip learning
HDFCAMCAs we see HDFCAMC was in sideway moment on weekly timeframe it was taking support @2750 level and taking resistance @ 3300 level
Finally this week on candle close red belowe support level @2650 so we can see down moment for next few days..
Our TGT should be 2350 SL should be 2800
Positional ideaPositional idea
Pure price action
Only for educational purpose
Like the Idea
See the video for detailed explanation
HDFC AMC @ Support - Ascending Tringle - Buy on DIP Details on CHart
Note: This is for educational purpose only
At a support after fakeout!HDFCAMC is at a long term trendline and moving average support after giving a fake breakout to symmetrical triangle accumulation pattern. Investors might enter this week as Stop loss is small and risk reward is good.
HDFCAMC Buy @ 2757Buy HDFCAMC @ 2757, Average Down if prices fall till @ 1995, SL- 1795, Target } 4300
HDFC AMC case studyHDFC AMC spot CMP :- 2780
Study :- Elliot wave + Chart Patter + Price Action
Time Frame :- Weekly
Symmetrical Triangle structure formation on weekly time frame, with demand line around current levels.
Demand zone as per price action, retest of previous breakout levels, basing formation.
Elliot wave :- Counter is trading in minor intermediate wave iii of major wave 3, current price levels have confluence demand levels as per price action and chart pattern. continuation of intermediate wave iii can be seen from current levels.
[POSITIONAL] HDFCAMC LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
HDFCAMC 4600 ?? Possible if the bears sleepThanks to a friend and mentor, I looked at this share.
Iski term life policy toh maine bhi lee hai, Second wave main senti hokar lol
Very large target of 4600+
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
18/10/2021 Research Report For HDFCAMCDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy Below 2970
Target 1: 3267
Target 2: 3320
NOW HDFC AMCAfter gap down HDFC AMC was consolidating around 2900 from and taking resistance 2920 level but in last trading session there was some volume which took the stock to around 2960 what i think is consolidation is over and we may see a good upside
HDFCAMC NSE at excellent Demand zonebehind the chart of HDFCAMC NSE stock beauty of the bull resides ... Few months target as a swing trader will Big bang the bull move
HDFC AMC looking good for swing trade (12%)The stock has bounced from the support trendline and also gave a breakout of the consolidation. We can see the gap-filling fast now. Can be bought for the 1st target of 3100 and 2nd target of 3300. CMP-2950 and SL will be 2830 on a closing basis. A good risk-reward ratio of 1:3. Do FOLLOW for more ideas.
One more time gap felling Hdfcamc can able to fill gap ?
If yes then we can take long position up to gap felling
Remember
If tomorrow it can open gpdown 📉 then immediately
Take position
HDFCAMC STOCKAs per my analysis this stock is good for short term 10 gain. I am going to buy this stock on Monday.
Even if person is looking for 6 to 1 year investment then definitely HDFCAMC is best to buy here.
