HDFCAMC: A Bearish Trend" 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 250.07, SUPPORT 2 at 2968.08 with RESISTANCE 1 and RESISTANCE 2 at 2864.65 and 2796.85 respectively. The Key 50% FIBONACCI LEVEL stands at 2916.82 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not. The STOC RSI has the values 41.37 and D as 7.16 and 6.12 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 24.28 and 6.06 at 42.69 along with HISTOGRAM showing values of -18.21, the STATUS is clearly DOWNWARDS. The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.23 and -0.95 with DOWNTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.8285 the STATUS is OVER SOLD. No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 47.42 which signifies its Price Level to be TOO EXPENSIVE. >>> RECOMMENDATION is : SELL ." Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.Shortby finogent0
HDFC AMC for longHDFC AMC has seen increase FII & DII stake. Recently moved more than 10% with buying stake in IRB.Educationby akshaygehlot40
Descending Parallel Channel in HDFCAMCTrying 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 as a support would be done near the 3120 levels which would be a good entry. SL could be placed at 3000 level quite conservatively (which would be around 3.8% from the entry). First target could be 3260 (4.5% from entry - Slightly more than 1 RR) and final target at 3365 (7.8% from entry - almost 2 RR). Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.Longby the_consolidation_guyUpdated 0
HDFC AMC ABOUT TO BREAK OUT FROM ITS SHORT TERM RESISTANCE LINEHDFC AMC WAS IN A CONTINOUS DOWNTREND FROM PAST COUPLE OF WEEKS. NOW IT IS ABOUT TO BREAKOUT FROM ITS SHORT TERM DOWNWARD TRENDLINE. WHAT MAKES THE CHART MORE POWERFUL IS THAT THERE IS AHORIZONTAL RESISTANCE TOO AT 2836.50 SO ONCE THE STOCK BREAHES 2836.50 WE CAN SEE A GOOD UPMOVE IN THE COMING DAYSby BennyVincentUpdated 112
Breakout Failure ReasonEvery Breakout needs good momentum from market and if its not there ,,then breakout fails and u feel like a trapped Breakout PlayerEducationby prashantmedge118
HDFC AMCHDFC AMC IS IN BULLISH FLAG PATTERN. NEAR BY BREAKOUT AREA LONG TERM VIEW IS 60% UPSIDE MOVEby nagarajanm19860
HDFCAMC long terms investmentBefore investment please shelf analysis or guide your finance adviser this is a my personal opinion. 14:16by meena_sn3
HDFC AMCFLAG PATTERN FORMATION. THE STOCK HAS RESPECTED IMPORTANCE SUPPORT LEVELS AND FIBONACCI LEVELS. GAVE A BOUNCE AND IF IT CLOSES ABOVE THE PARALLEL CHANNEL WE CAN EXPECT TARGETS OF 3280 IN THE MEDIUM TERM. Longby The_bulls0
Hdfc AMC chart - bullish indicationsHdfc amc has respected 0.382 and 0.5 levels of retracements after previous rally. Now bouncing from 0.5 level which is also an important support and resistance zone. Also weekly TF is forming a flag pattern. Potentially this can give good movement in coming days or weeks if flag break outs and sustains. Longby KetanM7725
keep watch on hdfcamcHdfcamc looking bullish.. Keep watch on 61 line of Fib retracment.. Buy triggered whenever it crosses 61 line.. Target is 3200Longby DrrohanUpdated 555
HDFCAMC Channel BreakoutHDFCAMC breaking out from channel Targets Zones: 3242-3360-3480 Stop Loss Zone: 2928 Disclaimer: This is just my personal view. Please do your own research before trading. Longby cadhruv10
HDFCAMCHDFC AMC Daily chart channel breakout with supporting volume. Seems to be a good Risk-Reward trade with SL below prev swing inside the channel.Longby abinash970
HDFCAMC - Bullish Flag in Daily Time FrameHi Folks, HDFCAMC is making a nice flag pattern in a daily time frame. With a 8% risk, it looks good with 20-30% upside. -MetaVishLongby MetaVish4