TradingWithRahul

HDFC AMC looking good for swing trade (12%)

Long
NSE:HDFCAMC   HDFC ASSET MANAGEM
The stock has bounced from the support trendline and also gave a breakout of the consolidation. We can see the gap-filling fast now. Can be bought for the 1st target of 3100 and 2nd target of 3300. CMP-2950 and SL will be 2830 on a closing basis. A good risk-reward ratio of 1:3. Do FOLLOW for more 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.