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HDFCAMC

HDFC BANK Trend AnalysisBearish divergence shown by RSI on weekly timeframe with weekly close as a strong bearish pin bar candlestick shows there is strong bearish pressure. Do not jump to buy because of the merger and everyone is bullish. Let the price fall to buying zone for a big rally upside. Buying Zone is around 1100-1175 level Target 1 2350 (100% ROI) Medium Term Target 2 3350 (190% ROI) Long Term All price levels mentioned above are Fibonacci levels. This heavyweight will drag bank nifty down for sure. This is just my analysis purely based on technicals only. Kindly do your due diligence before trading or investing. Peace!!
NSE:HDFCBANKShort
by Swastik24
2
HDFC is gaining excellent Tailwind.HDFC AMC is one of India’s premier asset management company with a Market cap of Rs.48552.9 Crores. Valuation wise it can be considered little expensive as it trades at a PE of 35.5 currently but the point to be noted here is that MFs, FIIs are increasing their stake in this company with no debt and Zero promoter pledge. Entry can be taken at CMP compounding can be done above 2337. The targets will be 2518 in the short to medium term. Long term target for HDFC AMC will be 2800+. Stop loss should be maintained at closing below 1990.
NSE:HDFCAMCLong
by Happy_Candles_Investment
HDFCAMC- Buy on DipsRecently HDFCAMC saw a good move from support levels ( 2800) up to previous resistance levels ( 3360). For the past two weeks, the stock is taking resistance near previous resistance levels, suggesting the stock is still in a range. Since this is the fourth test of the resistance area, the chances are that the stock might not go below the 3050 levels. And if it sustains those levels, we might see a breakout in the stock in the coming weeks. Buy on dips for me. Post is purely education and not a recommendation to buy or trade in the stock.
NSE:HDFCAMCLong
by manuagarwal21
HDFCAMC ::: BULLISH :::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. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
NSE:HDFCAMCLong
by ajithchand-bhandaari
1