We all know how HDFC AMC and HDFC LIFE have performed in this dull market, it makes sense to go with the trending stocks. Every time the price touches the lower line of the channel, it can be bought with a stop below the channel.
The BO candle is not very strong and it requires follow-up buying to confirm the BO, although the volumes on the BUY side are greater compared to the sell side.
On the weekly chart, we can see all lower levels have been bought by the market.
I believe there is a strong momentum.
It is at the crucial point, I can see the triple top and hence follow up buying is a...