AMC - Asset management companies had a setback with the new Taxation policy on Debt products,
HDFC AMC also suffered however it is bouncing back, and still has a lot a bounce left after this resistance
Buy above 1711 for good R;R, as per Drawing on the chart , this is April Future Chart
BREAKOUT RETEST ON HDFC AMC. AFTER A HUGE BREAKOUT IT COME DOWN TO RETEST ITS LEVEL . MAY BE IT WAS GONE IN TO SOME CONSOLIDATION PHASE AGEIN THEN IT WILL GIVE SOME GOOD MOVEMENT.
Disclaimer: I am not a financial advisor. Do not take anything as financial advice, ever. Do your own research. Consult a professional investment advisor before making any investment decisions!
Beautiful setup formation happened during Intraday in HDFC AMC.
When confluence of all happens on pull back... its time for big boom...!!!
Watch, Wait, Eagle Hunt...Repeat !!!
One Trade... One Kill !!!
