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A Clear Breakout on HDFC AMC Chart

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HDFC ASSET MANAGEM (NSE:HDFCAMC)  
smartmarketview  
NSE:HDFCAMC   HDFC ASSET MANAGEM
Trend Analysis Chart Patterns Technical Indicators HDFC hdfcamclong hdfcamcanalysis HDFCAMC NIFTY niftytrend niftyprediction niftytradesetup
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trendanalysis chartpattern indicator hdfc hdfcamclong hdfcamcanalysis hdfcamc nifty niftytrend niftyprediction niftytradesetup
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 Target - Rs 3000

Stoploss (Which needs to maintained) - Rs 1961

Note: Please discuss with your advisor before taking any trade as per my analysis.
Feragatname

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