HDFCAMC trade ideas
HDFC AMC forming like a descending trianglePlease keep eye on the levels mentioned. If it breaks the downtrend there is a high possibility of going up.
Invest at your own risk and let me know if you want chart analysis on any.
HDFC AMC go for long term..This is one among the good quality stock for future.
Easy target will be 3000..
Good Luck all..
HDFC AMC v3As clearly analysed, it has been working and close to target 3 and finally 4. Please Hold patiently. i will update soon where are accumulation Phase
HDFC v3 FinalMy final targets are levels of 2000. Please short it and enjoy deep fall and if you have earned profit ftom my call all i need is a comment and a like! Lets see how it follows!
hdfc amc as of now seems uptrend HALTED fundamnetally NegATIVE TO NEUTRAL (SHORT TERM/6 MONTH)
TECHNICALLY on levels looks weak and can slide further
invalid if 2850 /2900 kicks out and sustain
long term buy beautiful at 1450 to 1600 bracket
HDFC BANK is done. Whats for HDFC AMC?I am really overwhelmed with the response for HDFC BANK! This analysis is on a viewer's demand. HDFC Asset management Services is seen to follow a steep channel and is continously Higher Highs and Higher Lows which shows a depth that it was trying to keep itself up (short term) in the mean time. With due today's market sell off, HDFC AMC has witness a significant downfall, breaking the channel and have also crossed danger red LINE. It looks weak to me and i suggest short from levels it break the triangle. In other words short or SELL below 2610 with SL 2637, targets are well awesome. I have mentioned three levels to book profits, depends on your mindset how much you can book. Level 1 is first target followed by L2 and L3. IF IT BREAKS L3 then we can see near downtrend soon.
SO INTRADAY TARGETS ARE SELL BELOW 2610 SL 2632 for TARGETS 2578 and 2532
POSITIONAL - SAME SELL LEVELS WITH L1 L2 L3 targets.
I wont suggest going for options in this, but do book profits at every level. Its better to have some profit than NONE!
You can also ping me if you need analysis on particular stock. Ill try to do best
Please do your own analysis before buying and do post if you guys get profit's!
Can Go down til 3-5% on 15th April 2020Looking at the channel pattern, it is expected that it can go down 3-5%
Please share your views
Next Move 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 - Bullish Butterfly & Shark - 1D TFBullish Butterfly pattern on Daily Chart of HDFCAMC. BUY 2200 SL 2044.9, Target(s) - 2330, 2350.
Bullish Shark pattern on Daily Chart of HDFCAMC. BUY 2700 SL 2549.8, Target(s) - 2830, 2845.
