*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.
HDFCAMC Future Hedge: Buy Future and ITM PE for short term with high ROI
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...
If 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.
-wait patiently Retracement will give good chance to enter -everything looks good -trend breakout -volume rising
The 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.
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
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.
According my analysis this stock can give esaily 4% up move in coming weeks and 1:1 is the risk ratio trade over here
Disclaimer: 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...
Bounce back from trendline Bounce back from Support zone Short term trendline breakout Target 1.5 and previous high SL previous swing low.
HDFC 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
The stock has a clean and efficent fundamentals moreover it has formed series of small pattern and another handle is being formed which will not take long time and we can see the stock reaching 3334 level resistance .
In 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.
Elliott 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...
Nice uptrend and now consolidation and volumes were high on updays good candidate
HDFC 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.