NSE HDFCAMC - A Bullish Initiative

Do you remember HDFCAMC Weekly analysis?
Click here: HDFCAMC – Correction Will Be Beneficial For the Bulls

BEFORE

We had written clearly, “For traders interested in this opportunity, long above the neckline at 2100, with the following price targets: 2314 – 2588 – 2795+”.

AFTER

Timeline:

[27 June 2023]

01:00 PM – Price broken out wammies neckline.

[30 June 2023]

09:30 AM – Price touched the first target of 2314.

[14 July 2023]

02:30 PM – HDFCAMC has made a new high of 2386.6.

HDFCAMC has given a captivating return of more than 20% in 4 weeks. If you have traded this setup, you could have made 403 points or Rs. 39720 per 100 shares.

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