HDFCAMC Bullish and trending in 15 min, go long after price 4747HDFCAMC did breakout last week and trading in bullish area,
It is also looking trending in 15 Min. timeframe and trading at good level for intraday.
We can go long after price of 4747.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
Hdfcamclong
HDFCAMC Near Breakout ZonesHDFCAMC near to resistance zones and these zones already tested multiple times and can be a weak zone, there is a highly chance that it can breakout.
Note : This is just an analysis wait for the price to confirm.
Disclaimer :
Always follow Risk to Reward, because this is the key to success in this business, no matter how much good a trade is looking, we never know the future.
A Clear Breakout on HDFC AMC ChartHere you can witness a clear breakout of the Trendline in Blue Color and Resistance Level in Red Color, Which means this share is ready to enter in up-trend now. One can consider this share for a good return in the Long Term period. But for a short period, my defined targets are as below:
Entry above - Rs 2000
1st Target - Rs 2200
2nd Target - Rs 2300
Long-Term Target - Rs 3000
Stoploss (Which needs to maintained) - Rs 1961
Note: Please discuss with your advisor before taking any trade as per my analysis.
HDFCAMC- Technical and Fundamental ( Concall summary)NSE:HDFCAMC
📈 #HDFCAMC Performance Update
1/🧵 AUM Growth 🌟: A strong year for HDFC AMC with a 20% YoY increase in quarterly average AUM, hitting a record INR 47 trillion. Equity-oriented funds grew by 26% YoY, reaching INR 23.1 trillion. #AUMGrowth #EquityFunds
2/🧵 Debt Funds Surge 💰: The quarter saw debt funds' AUM rise to INR 10.3 trillion. The B30 MAAUM category also showed significant growth, indicating rising mutual fund acceptance in these markets. #DebtFunds #MarketExpansion
3/🧵 Record-Breaking AUM 🚀: For the first time, the company's quarterly average AUM crossed INR 5 trillion, reaching INR 5.25 trillion - a 22% YoY growth. #RecordGrowth #FinancialMilestones
4/🧵 Market Share Momentum 📈: HDFC AMC’s market share continues to rise, with an overall QAAUM market share of 11.2% and 12.5% excluding ETFs. #MarketShare #InvestmentGrowth
5/🧵 Equity-Oriented Focus 🌐: The company's asset mix is now more equity-oriented, making up 58% of the total AUM. Also, its unique investor base expanded to 7.9 million by September 2023. #EquityFocus #InvestorBase
🆕 New Product Launches
6/🧵 Diverse Offerings 🛍️: HDFC AMC launched various new funds, including non-cyclical consumer, transportation & logistics, technology, and pharma & healthcare funds. #FundLaunch #Diversification
💹 Financial Performance Insights
7/🧵 Revenue and Profit Surge 💸: The company’s revenue from operations for Q2 grew by 18% YoY to INR 6.43 billion, while operating profit increased by 20% YoY to INR 4.67 billion. #RevenueGrowth #ProfitIncrease
8/🧵 Cost Dynamics 💼: Staff costs rose by 11% YoY, and other expenses grew by 22% YoY. #OperationalCosts #FinancialHealth
🔄 Marketing and Distribution Strategies
9/🧵 Long-term Investing Focus 🔄: HDFC AMC emphasizes SIP and systematic transactions for disciplined, long-term investing. #SIP #LongTermInvestment
10/🧵 Strengthening Partnerships 🤝: The company is enhancing its collaboration with HDFC Bank to leverage the bank’s distribution network, adding a dedicated vertical for this channel. #StrategicPartnerships #BankingNetwork
11/🧵 Market Share Gains 📊: A combination of performance, product range, and distribution efforts has led to market share gains, particularly in SIP flows and unique investors. #MarketShare #InvestorGrowth
12/🧵 Customer-Centric Approach 🧑💼: The company's focus on individual customers has resulted in increased folios and average AUM per folio, with higher flow market share in HDFC Bank. #CustomerFocus #GrowthStrategy
🔍 Other Key Highlights
13/🧵 Dividends and Future Plans 💼: HDFC AMC expects an upward trend in dividend payout ratios and plans to launch new funds, subject to regulatory approvals. #Dividends #FuturePlans
14/🧵 Passive Investment Strategy 🛠️: The company is expanding its product offerings in the passive space while maintaining a balance with active investment strategies. #ETFs #InvestmentApproach
15/🧵 Cost and Guidance Outlook 🔭: Expectations are for employee costs to increase annually by high-single-digit or low-double-digit percentages. No specific guidance provided for the upcoming financial year. #CostOutlook #FutureGuidance
📈 Chart analysis
16/🧵Sharing my trances, and hopefully, the stock move towards the key levels with some strong financial performance in coming weeks and months
🔚 Stay tuned for more updates and insights on HDFC Asset Management and follow Peaceful Weekend Investing and your friend Shivendra Bhatia
#HDFCAMC #InvestingJourney
HDFCAMC - Bullish patternHDFCAMC - 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
HDFC AMC high potential gains possibility target 2795.80upper 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.
About to Breakout, Keep this in RadarAfter trading in a lower low pattern for almost a year, Consolidating in a range for 3 months this scrip is trying to move up. It has formed a triangle type pattern and trading near resistance. on a successful breakout and re-test the stock may give a good move. Keep this in radar and trade safe.
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.
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.