HDFCAMC trade ideas
hdfcamc swing tradig red color :- support/resisitance daily chart
yellow :- support resisitance 1 hour chart
purple :- trendline 15 m chart
HDFC AMC, It seems it is going through a possible pullback. It seems HDFC AMC will take a support from 200 days EMA and will continue in the up trend as it recently broke it's trend line and was trading in an upward direction and current scenario shows a possible pullback before it continues it's uptrend.
If anyone has any opinion kindly share.
your risk your rewards Rishq Hain to ishq hai...Marketeader company 45% ROCE
Buy for swing at cmp 2900
target 3284 15 days /
**For investing purpose wait. Long
3500/3600/3800 SL 2600 buy at bottom
HDFC AMC Parallel Channel and Possible Extension in 5th WaveDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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HDFC AMC in 4th wave correction likely to go down towards 0.618 fibonacci level
Good entry near 2800-2600 zones with stop loss 2069 for 5th wave 3900+ if gets extended more 4800+ possible in long term.
Targets are derived based on assumption that 4th wave will end near 2600 they will change based of where 4th ends.
Do your own study, check fundamentals too.
Bearish engulfing pattern on HDFC AMCOn daily closes, HDFC AMC has formed a bearish engulfing candle.
This could open negative in the next trading session.
Keep on radar.
Please like and follow.
.[symbol="NSE:HDFCAMC"]NSE:HDFCAMC[/symbol] BREAKOUT STUDYNSE:HDFCAMC has given clean breakout.
Entry above 2530.
Partial exit at 2800, trail rest @ entry and hold for 2900, 3000 level.
Discliamer: IDEAS SHARED FOR STUDY PURPOSES ONLY.
HDFCMAC, ROLE REVERSAL OF SUPPORT & RESISTANCEAll levels mentioned on chart.
Thanks
Piyush Gupta
Learn & Earn
#breakout #hdfcamcBO Above 2840
Looking for Target of 3400++ ATH
Will Exit If goes below 2600 NSE:HDFCAMC "NSE:HDFCAMC"]NSE:HDFCAMC
HDFC AMC - Ride the TrendAfter a Breakout on the 3rd attempt, the price now is following the Parallel Channel.
A Retest with low volumes is also visible.
Most likely it will follow the direction of the blue arrows.
HDFCAMC SPOT SWING VIEW.HDFCAMC Spot chart is forming inverse head and shoulder pattern. Break out with closing above neckline may give the marked target to validate this pattern successfully.
VIEW NEGATED BELOW - 2399 (DCB).
