#HDFCAMC #shortterm stock#hdfcamc made a #breakout, #retested, now moving the targets. 2866 / 2979 / 3199 / 3365
Disclaimer: Make your analysis before any trade. Trade with conviction.
HDFCAMC trade ideas
HDFCAMC Shark# HDFCAMC #
# SHORT TERM VIEW BEARISH #
# SELL - 3237 : 3174
This is not an investment advice and also please note this is only for education purpose.
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.
HDFCAMC is looking bullish..!!HDFCAMC is giving good opportunity to enter for long term. the entry was missed last time, and this is another try we are giving.
R/R ratio is mentioned in chart..
HDFC Group Stock near breakout*POSITIONAL TRADE*
BUY HDFC AMC Between 3000-3300
SL 2650
Target 1: 4500
Target 2: 5150
Trade as per your risk rewards
Accumate in every deep
Stock may breakout any time so give
range to add one can enter at CMP.
Unfolding Patterns of Market I am forecasting in the Middle of Weekly close , Which suggest there will be slightly variation on Weekly closing of the Price
The Visual Pattern suggest based on Wave Theory , that it has still one more down move due before any strong rebound in the Trend direction and Bias
One can Look to book current holdings using Trailing stop Methods or Methods you know how to secure your Current Investments or Gains in the Market
FNO Traders You need to wait for another 1 or 2 Weeks before you take up short sell in FNO contracts
Good luck
Long Term Bet - Go LongIf Fundamentals are good one can keep accumulating this one as an SIP for couple of months between 1750-1550.
Can easily double up from here.
Good Monthly Demand Patch.
Retracement will give good chance to enter-wait patiently Retracement will give good chance to enter
-everything looks good
-trend breakout
-volume rising
Lesson Learnt in HDFC AMCThe stock was in in down trend as u can can see marked with arrow, on the weekly chart, we can see a positive crossover alongwith volume built in next coming days, and stock crossed centre line of MACD, so point is this, we need to identify these type of stocks which can be bought at lower level for next 8 to 10 months.
Looking for long!HDFC AMC is looking for great buying opportunity after forming descending channel lined up with the double bottom formation expecting target to reach at 3400
CWH Breakout in HDFCAMC Stock has good potential to move up from this level.
There is a CWH breakout happened on Friday.
As per SMC concept also, there is a clear cut CHoCH and minor BoS which supports this.
Trend is up.
Fundamentally, stock has good ratios.
AMC stocks should give a run up when nifty is making new high as their profit will increase accordingly.
A short term up side 4% move expectingAccording my analysis this stock can give esaily 4% up move in coming weeks and 1:1 is the risk ratio trade over here
HDFC AMC_ Breakout may be possible in near futureDisclaimer: I already have open position which I will exit or not exit (it depend upon how the price react near resistance)
The breakout is yet to happen. If the breakout successful, I'll hold my open positions and/or add more qty. Otherwise I am ready to exit, provided there are some bearish signals.
If the share consolidate for at least 3-4 days, it can move on either direction very very fast.
There is risk involved or you can say one major hurdle in our trade will be "lower highs". Until and unless it crosses the previous "swing highs", it's the point of concern for this trade.
HDFCAMC 2h BullishBounce back from trendline
Bounce back from Support zone
Short term trendline breakout
Target 1.5 and previous high
SL previous swing low.
HDFC AMC Bearish | ShortHDFC AMC looks weak
in 1 month TF, HDFC AMC has made a brearish reversal pattern, followed by good consolidation in 1 day TF.
Take a short position once it closes bellow the trendline
HDFCAMC- Weekly AnalysisIn the Weekly Chart of HDFCAMC,
we can see that, it has given Flag breakout.
Let it retest, then enter with SL and Targets.
Expected momentum is shown in chart.
Triangle pattern breakout in HDFC AMC:- Alternative viewElliott Wave Analysis:-
As we said in previous view :-
"if the C wave was broken downside then the triangle may be in reverse and the fall will be the size of the A wave we marked."
2nd View took place and one correction wave was completed.
we may expect a retracement to the level of 2695 - 2720.
else we may expect an impulse move from here and we need to wait and watch the wave formation.
HDFC AMC attempt to breakoutHDFC AMC attempt to breakout from its resistance indicates buying interest in this scrip, This stock is trying to break its resistance with high volume, hence, once its cross its resistance at 2720-2730 level on can consider for the the target of 2850-2880 place strict SL at 2650.
HDFC AMC Cmp 2579 Bearish Candle Break downHDFC AMC Cmp 2579 dated 28-9-2023
1. Bearish Candle @ support
2. RSI bearish divergence
Sell below 2560 target 2530-2510-2490-2470-2440
SL 2650
It is just a view, pls trade at your own risk.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: HDFCAMC
🔍 Description: Stock is making Broadning pattern. And we might see good bounce till resistance level.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
