HDFCAMC - Elliott Wave count
the market is in wave C with the target of 4000 range. its better to wait for correction to take long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:HDFCAMC NSE:HDFCAMCZ2023 BSE:HDFCAMC
upper limit- 2795.80
cmp- 2000
gain- around 40% from present level
HDFC group company with high brand value.
potential gain of 40% from the present level, supported by its increasing yearly profits and consistently good quarterly results. Its present PE ratio is 29.9 while the lifetime median PE ratio is 41 further supporting the chances of an uptrend.
