DATE: 08 JUL 2021 INSTRUMENT: HDFCAMC TREND: BUY TIME FRAME: DAY CMP: 2934 BUY ABOVE: 2953 STOP LOSS: 2866 TGT 01: 2988 TGT 02: 3018 TGT 03: 3060 INDICATORS FOR CONFIRMATION OF TREND INCHIMIKO: CLOUD BREAKOUT PSAR: BELOW CANDLE STOCHASTICS: BULLISH RISK DISCLOSURE: We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY....
Looks like ABC correction has completed and another series of impulsive wave to start. Taken support at 50% Fib retracement level and broken out of diagonal trendline resistance. Fundamentally speaking, one of the leaders in Asset management and belongs to reputed HDFC group.
Looking Bullish One can go Long only if 15 min candle Closes above 2822. All the key levels are mentioned in chart with Stop-loss and Targets. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
PRESENCE OF STROGER BUYER AT LEVEL. NOW CAN ACCUMULATE FOR SWING / POSITIONAL
Hello traders, once again, i am looking an opportunity in HDFCAMC here, logic behind the trade is, it is crossing the 20 EMA and MACD & RSI are also looking bullish on daily chart. There are possiblities to go higher at the level 3350 and support must be at the level 3025 ! Good luck!!!
This analysis is done purely on basis of price action and chart patterns. The analysis is done on 15 min TF hence target can be achieved same day or in a couple of days Logic, Entry range, SL and Target is shown in image itself. This analysis is for study purpose. Traders must do their own study before entering into any trade. Traders should trade with their...
buy hdfcamc above 2729 . looks good in weekly chart
HDFC AMC Buy between 2200-2180 Target 3500
HDFCAMC Just broke the previous Support zones. We can get an entry soon at lower levels of 2050/2000/1950 Just keep this stock in Radar a perfect reversal may lead this stock to new hieghts
Although a bearish pattern, one can go long above 2380 for target 2650 with strict stop loss at 2335
PLEASE SEE CHART FOR DETAILS TARGET : 2600 STOP LOSS : 2400 **These are my personal observations. Please trade at your own risk.**
#Intraday Cash Buy HDFCAMC @ 2490 - 2492.50 SL 2461 TGT 2545 # MACD CROSSOVER indicates buy around 2450-2460 # TK cross over on 30 min chart so again a buy for short term # good volume on the buy side
NSE:HDFCAMC experienced quite a lot of hesitation at higher levels after bouncing up from ~2430. After retracing from higher levels, we can see it attempting a recovery once again. If the support is held, it could be a good swing long as long as the incoming resistances can be breached. As of now, it is just under the 13DMA (not added in the chart). So a...
Will update price movements after 5 days EMA cross 50 EMA. PLEASE READ ANALYSIS IN THE CHART ABOVE.