I am not holding HDFCAMC. You may book profits here
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently...
Hello Friends,
From last few weeks HDFCAMC is making some unusual moves which indicates that there's something happening. Around 1900 there's some big buying emerged as we can see on the charts. Currently HDFCAMC is trading on 2498.60 NSE.
The pattern is bullish, as the market is witnessing a selling pressure from last many days this particular share is trading on...
HDFC AMC is making long term cup and handle pattern. Wait for the handle to break out for an amazing target.
Currently banks and financial services setor is doing great. Some stocks gace over 50% return in last one year. Keep an eye on RBI policy announcement..
Based on the compatitive study of Nifty vs HDFC AMC and Technical and Fundamental Parameters of HDFC AMC, I see a 30% up move from the current price of this stock.
The Stock has a good correlation with the Nifty Index and Study of the Fundamental Shows a Above Par Fundamental Performance in the Companies Operational Profitability.
I see the Stock Trading at...
I’m impulse with this share. For long run we can hold on and slowly accumulate.
It may give a correction at this level or slight up ad then a low and then the impulse rally begins.
At end of the day Im impulse in this scrip unless any bad news arrive in the fundamental.
More Foreign investor and domestic investors are accumulating and less retail investor are...
HDFCAMC WAVE THEORY ANALYSIS.
I have analyzed on weekly basis now its is 2nd wave in correction pattern & consumed time.
whenever it crossed 2800 level its first target to be 5600 appx. than it will correct & come to 4000 level & final impulse wave will be made 6500 level .
Note: but time to be 2031.
Its only educational purpose
By PNJ INVESTOR & TRADER
HDFCAMC is in a very strong uptrend, close above 2300, and will continue to rally till 2450.
Buy above 2300, SL 2250.
Note: Please maintain good Risk to Reward, as per your risk appetite.
Please read my charts first then you can understand what I mean to say, long-term charts is vert good till 2298 not break, our target is mantain as per all Fibonacci levels intect, you can added more your quantity with sl of 2298
HDFC AMC looks good for Positional Trade. W pattern breakout given on Monthly chart. Also RSI is showing strength, can be a good buy on Dips.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
If you think this idea is use full
please like and share and...
Double bottom breakout on weekly timeframe in Hdfc amc . Longs can be initiated above the closing of 2350 with the SL of 2195 and Target would be 2600 and 2850
HDFCAMC CMP-2297
Incorporated in 1999, HDFC Asset Management Company Ltd provides Fund Management Services.
i) Company is almost debt free.
ii) Company has a good return on equity (ROE) track record: 3 Years ROE 26.9%.
iii) Company has been maintaining a healthy dividend payout of 63.6%.
Currently stock traded on breakout zone.
this can go upto 2583/2701.95/3000...
This weekly chart of HDFC AMC
ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
