HDFC Asset Management Co. Ltd.
Long
Updated

HDFC AMC will go bullish due to forming Double Bottom pattern

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DOUBLE BOTTOM PATTERN :
hdfc amc has formed a perfect double bottom pattern on daily timeframe which indicates that market will go upwards after breaking out of it

POWERFUL SUPPORT-RESISTANCE LEVEL :
it has taken reversal from powerful support-resistance level which had been tested several times in the past indicating bullish momentum for the stock

PROFIT :
stock will go till 4585
Trade closed: target reached
stock had reached very close to the target, almost touched it & rebounded hence position should be closed now

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