One can wait for current Consolidation , time wise it will take around another 2 Months to make to the forecast low ,
Look for reversal and strong close on daily before going long , and Exit near the 3400
wait for the set up to form
HDFCAMC is trading very close to lower end of its channel. Stock has show tremendous uptrend in last few months. This should be in watchlist for swing position if it start it journey to upward boundary of channel.
3285 Resistance broke on 6th Feb'20, flag & pole forming on 30min chart and head & shoulders forming on 10min chart
Possible upside of 300-350 points in a month
SL 3245
HDFC Asset Management Co. Ltd. engages in the provision of asset management services. It also offers portfolio management and advisory services to clients. The company was founded on December 10, 1999 and is headquartered in Mumbai, India.
HDFCAMC
