HDFCAMC trade ideas
HDFCAMC, bounce back or Breakdown from channelHDFCAMC 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.
HDFC AMC.. 50 DMA support50 DMA should act as strong support.
Stock hasn't broken it since breakout in Mar'19
HDFC AMC - Nice Chart - Strong uptrendHDFC AMC making higher high & higher low, it is in uptrend since long time. Expecting it to move further.
I would like it to buy at next correction which would next higher low :), will wait for that. Current levels also good to buy if you want to hold it for longer time period.
HDFC AMC Trend & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Appreciate via Liking and Commenting , which boost up my moral for More Post with perfect Entry Exit Target setup.
Wait for entry setup, if available then Long/short.
R:R is 4 to 6 times.
HDFC AMCnot good level to buy..facing resistance at fibo level 2.61 and next fib level is at 2350 levels. in between we see minor support at 2500 levels..
SUPER BULLISHSupper Bullish, enter with a confirmation on 10 mins after breakout. for 2475 and 2500. Entry should be between 2423-2425
HDFCAMC - Bearish Cypher - 2H TFBearish Cypher pattern on 2H Chart of HDFC ASSET MANAGEMENT COMPANY. SELL 2300-2301, SL 2335.1, Target(s) - 2270, 2260.
HDFC AMC giving good buy opportunityBuy Near 2000-2020 Stoploss 1950
Target 2250-2300
Reasons For Trade-1. Price coming near to support after good breakout
2.1970 is strong support on daily+ Monthly Chart
3.50 days EMA support near to 2000 levels on 4 hour chart
4.Fundamentally Strong Company
5.Risk Reward 1:5
