hdfc amc is looking good for swingits near to its 2019 and 2020 level and showed a reversal with volume confrimation
HDFCAMC trade ideas
HDFC AMC - Finally a break-out !!HDFC AMC - Finally a break-out !!
Entry Price - 2250-2280
SL below 2190
Target 2550-3200
For Educational purpose only. NSE:HDFCAMC
HDFC ASSET MANAGEMENT SWING TRADEAs we see it break the high volume area and neckline of inverted head and shoulder. We can go long above the trendline by keeping our stoploss below 2150.
HDFCAMC LongNSE:HDFCAMC
Long at cmp 2276.5 for tgts 2350-2550-2750
Add more near 2150
SL below 1980 weekly candle closing basis
For long term investments only
HDFCAMCHDFCAMC CMP 2276
After a long downtrend,
We have broken the trendline and re-tested back
and started upmove again
Also trend turned green
As long as price holds 2190
it has potential to go up till 2350/2500
Chart is for study purpose only!!!
HDFC AMC..HDFC AMC.. after completing the round pattern later failed to surpass ...and started to fall even breaking the trend line ...now after the channel its showing some interesting to reach the 61.8 and 50 levels of fib..
Bullish view in HDFCAMC NSE:HDFCAMC
Let see the price action = inverted head & shoulders patter formed. + BO
let fix your target as per you R:R
like and support to reach 💯❤
Triangle breakout in HDFC AMC on hourly candleHdfc amc will be still bullish even after giving the triangle breakout, its indicating the reversal trend in the stock and rally will be continued
HDFCAMC - Beautiful Cup & Handle PatternHDFCAMC has given breakout of Cup & Handle pattern.
All required levels are mentioned on chart.
Thanks
Piyush Gupta
Learn & Earn
HDFCAMCAvailable at a very attractive price and showing sign of reversal, very close to support zone on day chart. Note: for educational purpose only.
#HDFCAMC #23/10/21 #BUY SETUPBULLISH .
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
HDFCAMC CHANNEL BREAKOUTChart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
BREAKOUT OF BOTH MAJOR AND MINI TRENDLINE !HDFC AMC : On daily time frame , a fresh breakout can be seen of mini trend line , before that the stock also surpassed the major trend line. Also stock has formed higher high formation on daily time frame which indicates that stock has begun its up trend journey. Stick strictly to the stop loss as markets are very much volatile and unpredictable due to Russia and Ukraine problems. Target has been given for swing trade of around 10-15 days. Keep changing target as per your own requirements . Note that this analysis was done by me only for educational purpose to show importance of trend line brake.
buy hdfcamcit has taken weekly support around 2000 level. also buying interest is also witnessed. we may again see 2700/3200 levels in coming few weeks.
HDFC AMC Is there a shooting star formed ?If it breaks a previous week's high then the trend takes reversal..
HDFC Asset Management Positional & Swing Opportunity NSE:HDFCAMC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 2121.25
SL :- 1962 (Closing Basis)
Target 1:- 2260
Target 2:- 2371
Target 3:- 2495 and more Trailing basis
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
HDFCAMCCompany:- HDFCAMC
Sector:- Financial Services
Buy @ 2070
Stop Loss @ 2010
Upside Target @ 2300, 2500 then 2700
Technical:- On the daily chart smart money formed a bullish harami chart pattern and there is bullish divergence formed. So I'm very confident about taking this trade for a 1-year prospective. If you are interested you can buy this stock from a long-term perspective.
Disclaimer:- I'm not a SEBI registered analyst. So before taking any position do your own analysis and consult your financial advisor.
How to better time your entry and exit in Swing Trading?This charts shows the possible areas where one can look for trading opportunities (through Price Action Strategy) and be profitable from it. Swing Trading is better for beginners in Stock Market and Price Action is one of the ways to approach Stock Market. Through Price Action, one can identify the current market structure (uptrend/downtrend/sideways) and so better trading decisions can be made, which will pave way to better time entry and exit. Drawing trendlines, patterns, support and resistance and reading candlestick patterns are some of the ways in Price Action Trading. A good price volatility of a stock is essential especially from the traders perspective, as traders tend to make profit from the market using its volatility. Another important thing in taking up a trade is choosing the right Time Frame because in terms of volatility many of the stocks would fit into 1 Day time frame, some stocks would fit into 1 hour time frame, 4 hour time frame or 30 mins time frame etc. With all this in consideration, one can be expected to make entry in breakouts and shorting in breakdown. One should manually go through as much charts as possible and add to their watchlist that fits into their strategy. This roadmap is one of many ways to approach trading in Stock Market. This is just for Educational purpose. Thank You
HDFC AMC Bottom Formation DoneHDFC AMC is one of the stocks where I feel a bottom has been made and there should not be any further correction. Accumulate for long term.
