HDFC AMC LTD
Long

Stock approaching strong resistance

336
HDFC AMC- CMP 4449

The fifth wave of this rally should finish at 5044. That zone also has a fib confluence. Hence partial profits should be booked here. The stock will give a healthy correction from there to the vicinity of the ivth wave which is 4000/3500. This is a good 20/30% range. Again this will be the best place to re-enter this stock as the trend is strong.

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.