HDFC AMC : +22% Upside Potential

HDFC AMC 20 Dec 2022

In Play : HH : HL

Summary
• CMP 2290
• Clean Trendline breakout with Vol on 07 Dec 2022
• Nice consolidation above trendline
• Trading right above VP mountain
• Next Resistance 2480/2538 : Swing High LT
Conclusion
• CMP 2290
• Long position can be initiated
• Higher Targets could be around
o Short Term : 2344/2414/2487
o Mid/Long Term : 2594/2707
Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat