HDFC AMC is near its long term support zone of 2000-2100.
If it gives reversal from now, can go on and become a rocket.
However, caution on going long as we should wait for a confirmation. (Closing above 50 DMA, or 20 EMA for an aggressive entry).
Stop Loss - 2250
Target Reward/Risk - 3:1
Can trail stop loss at 2:1 for more cautious booking (as the market is in a downtrend).
For educational purposes only. Trade at your own risk.
If it gives reversal from now, can go on and become a rocket.
However, caution on going long as we should wait for a confirmation. (Closing above 50 DMA, or 20 EMA for an aggressive entry).
Stop Loss - 2250
Target Reward/Risk - 3:1
Can trail stop loss at 2:1 for more cautious booking (as the market is in a downtrend).
For educational purposes only. Trade at your own risk.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.