Price has reacted to a Weekly Demand has given a confirmation in upward direction by violating a 4H Supply and forming a Fresh Daily Demand in which we are buying for a Reward of 4 againts the risk of 1.
NSE:HDFCAMC One Can Enter Now ! Or Wait for Retest of the Trendline (BO). Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . HDFCAMC Daily : Stock is in uptrend. 15 min : It IS currently in range. *Wait for the breakout and we could see an upside movement. THANK YOU !!!!
#SILINV NSE:SILINV CMP: 347 TP: 435 SL: 300 TF: <6m RR > 1.8 times Return 25% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are...
Closed my position in HDFCAMC for a profit of about 8.10%. Expecting a reversal move from here on. Will consider re-entry if it touches the bottom of the ascending channel in the coming days. www.youtube.com
This was after, 50% drop in price to 1650 Plan ahead to Purchase Breakout above 2200 or, rejection indications near 1700 PB 8x PE 32x ROCE 36% Div 2%
After 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 AMC - have strength to close above 2210 ? waiting eagerly closing above 2210.
HDFCAMC has been consolidating in past many trading sessions. Today we are seeing a remarkable up move in the stock. Now sustaining 1900 levels, the stock is probably moving towards 2300- 2400 levels in the coming weeks. Type of Trade: Positional Buy on dips Long trade
HDFC AMC LTD, reversal possibility but a risky bet because the trendline is just tested twice. However, we don't need to take a risk, so we can go with small sl of 50 points and can except trg of 300+ points.
Disclaimer - Idea is purely for educational purposes only. Take your trade as per own risk appetite
Here is a different format for my daily market analysis. Indices levels for tomorrow with some stocks that can be good for trades tomorrow.
HDFC AMC respecting support line at near 1980 weak only below 1960 Initiated long swing trade at 2000 Target 3100 - time frame is long Watch for the green candle closing at weekly time frame for confirmation. This script could turn out good for Risk:Reward ratio.
There is a strong demand zone for HDFCAMC at 1950-2010 levels. Today, it gave a good 5% move by bouncing frok yesterday's low of 1990. It might retrace at around 2050-2070 tomorrow. RSI has gained strength at the support in both daily and weekly time frame. Minimum target can be around 2450-2500. This is just my personal opinion.Please don't trade on basis of this.
Bearish divergence shown by RSI on weekly timeframe with weekly close as a strong bearish pin bar candlestick shows there is strong bearish pressure. Do not jump to buy because of the merger and everyone is bullish. Let the price fall to buying zone for a big rally upside. Buying Zone is around 1100-1175 level Target 1 2350 (100% ROI) Medium...
200+ points gain from previous mention, it can simply reverse from its larger tf octave, trend change will happen again and will show lower targets of it enters the violet channel, so this channel is the trend decider now.