HDFC AMC analysis with the help of RSI Indicator

From the chart of HDFC AMC, we can confirm that it is showing multiple negative divergence, which is a sign of stock may slide down in near future. Wait for the confirmation, when the HDFC AMC breaks the below trend line. Always go for 1:1 Risk reward ratio for first target.

Comment:

HDFC AMC gives 50 points profit after confirmation!