2662-2669 broke through resistance , testing it at present ,Most likely a big pump till the yellow line on top I'd start getting careful after that could go either way .... Breaking the downtrend line and i'd hop back on :) People i feel are now asking where to invest seeing the markets rally\! so i feel time is near for some whales to start unloading their...
Played out beautifully although its bull flagging at the moment still feel we have one retest left . Long term looking to smash this pennant and go for 3188 fairly quick . Thanks to whoever pointed this stock out to moi :) The bullish engulfing on the 2 day chart makes me feel this pennant might not need 2 attempts.
Looks like we are due for a breakout from this pennant on the HTF , just feel those who correct 50% usually rise the same way and considering its one of the big banks i say it goes up and makes new All time highs however might have one big dip to refuel and shake out the weak hands. Levels on the chart . Sittign just under resistance expect it to dip before...
Formation of a pattern called Head & Shoulders has been spotted on the charts of HDFC AMC stock. One should go short below 2570 that is below the neckline , keeping a Stop loss of 2670 for a target zone of 2330. (stock is not in FnO , can be treated as sell on rise in intraday basis till the target achieved)
HDFC AMC STOCK HAS FORMED BEARISH BAT FORMATION ON H-1 CHART. STOCK IS TRADING HIGHER THAN OUR SELL ENTRY LEVEL WHICH REDUCES OUR RISK SIGNIFICANTLY. SELL ENTRY: INR 2467 TO 2550 STOP LOSS: INR 2607.50 TARGET-1: INR 2346 TARGET-2: INR 2200
HDFCAMC - Bullish Bias - Buy at current levels.
SELL HDFCAMC with SL 3000 Target 2700 2574 2370 2059 LT Investors may try Buying around 2000
HDFC ASSET MANAGEMENT - end of corrective phase. Upon hitting the median line, might enter the impulsive phase
Movement has been restricted to the box for a while.Consolidation before moving upwards. Possibly another retest before breaking higher. SL below the box.
spinning top on daily time-frame. can lead to downtrend with rsi divergence. below 1747 sl 1766 tgt 1736-1715