indiamarketoutlook

HDFC AMC: Chart set up

Short
NSE:HDFCAMC   HDFC ASSET MANAGEM
HDFC AMC
CMP 3099

The stock has taken resistance at previous top

Current set up has target of 2930


As a safer bet, Consider selling 3200 Call option
Comment:
Just by the time I write and post, the stock has fallen from 3099 to 3065 levels...
Comment:
HDFC AMC drops to 2994

Trade closed: target reached:

HDFC AMC reaches the blue line and achieves it target.

Hope you guys enjoyed the trade.

Happy trading...!!!

Like and follow for more such ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.