HDFCAMC trade ideas
HDFC AMC longWeekly and daily strong RS
Daily trend line break
Price taking support from weekly 8ema
Long at 3810 sl 3586 tgt 4070
HDFCAMCHDFCAMC - Clearcut breakout and buy with SL 3850, upside easy 15% 4500 can be seen in short period of time..
HDFCAMCHDFC 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
HDFCAMCThe 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.
Hdfc AMC chart analysis1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
HDFC Asset Management Analyasis on 18 Mar 24HDFC 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
HDFCAMC @ break or make levels 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
HDFCAMC: Dhanteras PickStock 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.
Long HDFC Asset Management Company LtdBUY HDFCAMC
Entry - 3780
Target - 4180
Stoploss - 3580
Risk Reward Ratio - 1:2
HDFC AMC -short 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 Rectangle BO & Rounding Pattern BOHDFC 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
Long HDFC AMC for target of 2700 - 3300 - 3800Long HDFCAMC for Long term near 1800 with stop loss of 1740 on closing basis.
Following are likely target
Buy near 1800
Target 1 - 2700
Target 2 - 3300
Target 3 - 3800
SL 1760
Amazing breakout on Weekly / Daily Timeframe - HDFCAMCCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
PS: People who missed my first BO level, can re-consider this BO level when a proper candle close is seen in Daily TF.
Fresh all time highLast time we discover@2000/2200/2800 again and again
Please check my old posts, now again bulish structure but after some consolidation visible on charts
HDFC Asset Management Company Ltd - Long Setup, Move is ON...#HDFCAMC trading above Resistance of 3844
Next Resistance is at 5237
Support is at 2982
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HDFC Asset Management Company Ltd - Long Setup, Move is ON...#HDFCAMC trading above Resistance of 3361
Next Resistance is at 3844
Support is at 2853
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Has HDFCAMC bottomed out?HDFC AMC has been in continuous downtrend from late 2019.
As we can see on the chart, the stock has recently bounced from a support level with good volumes.
The most interesting observation is a positive divergence in RSI during the bounce which might be an indication that stock has bottomed.
On Friday, good buying with high volumes has been observed with a bullish candle, almost a marubozu.
This stock has an immediate resistance at 1950 so it is better to buy the stock at around 1800-1810 levels for a better risk reward.
Kindly trade as per your own analysis. This idea is shared for educational purposes.
Reversal trade in HDFCAMCREVERSAL STOCK
BUY HDFCAMC 1955, for 2040 and 2070 and 2150
Invalid below 1850 on 2 day closing basis. Stock has breached 200ema with volumes. All mid cap laggards are bouncing sharply. Stock is underperformer, so keep it as trading view only
a promising longresults out- amazing
near all time high-amazing
price target updated by investment agencies-amazing
the stock seems to fly to new horizons lets catch it and enjoy the ride
