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tradewithamey_

HDFC AMC looking ready to bounce from support

Long
HDFC ASSET MANAGEM (NSE:HDFCAMC)  
tradewithamey_  
NSE:HDFCAMC   HDFC ASSET MANAGEM
Supply and Demand bounceback HDFCAMC Demand Zone strongbuy long-term BLUECHIP
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supplyanddemand bounceback hdfcamc demandzone strongbuy long-term bluechip
There is a strong demand zone for HDFCAMC at 1950-2010 levels. Today, it gave a good 5% move by bouncing frok yesterday's low of 1990.
It might retrace at around 2050-2070 tomorrow.
RSI has gained strength at the support in both daily and weekly time frame.
Minimum target can be around 2450-2500.
This is just my personal opinion.Please don't trade on basis of this.
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