@hitesh2710 Bhai – Request your view for the chart of HDFC AMC, specifically on the key resistance levels/range.
IMO:
- Price in an uptrend for the last 6 months. Now, above 200 DMA after moving out of 13 month long falling channel.
- 200 DMA became a key support now after recent testing and a week-long price consolidation above it.
- ~2200-2250 is a strong resistance band as per my understanding from the weekly GMMA.
Disc: No Investment.
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