Here you can witness a clear breakout of the Trendline in Blue Color and Resistance Level in Red Color, Which means this share is ready to enter in up-trend now. One can consider this share for a good return in the Long Term period. But for a short period, my defined targets are as below:
Entry above - Rs 2000
1st Target - Rs 2200
2nd Target - Rs 2300
Long-Term...
NSE:HDFCAMC
📈 #HDFCAMC Performance Update
1/🧵 AUM Growth 🌟: A strong year for HDFC AMC with a 20% YoY increase in quarterly average AUM, hitting a record INR 47 trillion. Equity-oriented funds grew by 26% YoY, reaching INR 23.1 trillion. #AUMGrowth #EquityFunds
2/🧵 Debt Funds Surge 💰: The quarter saw debt funds' AUM rise to INR 10.3 trillion. The B30 MAAUM...
HDFCAMC - Elliott Wave count
the market is in wave C with the target of 4000 range. its better to wait for correction to take long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:HDFCAMC NSE:HDFCAMCZ2023 BSE:HDFCAMC
upper limit- 2795.80
cmp- 2000
gain- around 40% from present level
HDFC group company with high brand value.
potential gain of 40% from the present level, supported by its increasing yearly profits and consistently good quarterly results. Its present PE ratio is 29.9 while the lifetime median PE ratio is 41 further supporting the chances of an uptrend.
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.
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 is one of India’s premier asset management company with a Market cap of Rs.48552.9 Crores. Valuation wise it can be considered little expensive as it trades at a PE of 35.5 currently but the point to be noted here is that MFs, FIIs are increasing their stake in this company with no debt and Zero promoter pledge. Entry can be taken at CMP compounding can...
HDFCAMC : Trading in channel
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Recently HDFCAMC saw a good move from support levels ( 2800) up to previous resistance levels ( 3360).
For the past two weeks, the stock is taking resistance near previous resistance levels, suggesting the stock is still in a range.
Since this is the fourth test of the resistance area, the chances are that the stock might not go below the 3050 levels.
And if it...
Stock was in consolidation since last 2 years and now it looks like getting ready for big up move..Entry above 3244 for traget of 3700/3800, SL marked on chart analysis.. Kindly do your own research before investing.
Looking Bullish
One can go Long only if 15 min candle Closes above 2822.
All the key levels are mentioned in chart with Stop-loss and Targets.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
