HDFCAMC - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📈 Intraday Trade Analysis – HDFC Asset Management Co. Ltd. (HDFCAMC) IntraDay Trade Rating: 4.4

HDFCAMC is showing strong bullish momentum and is a compelling candidate for intraday trading today. With RSI in overbought territory and MACD sharply positive, the stock is riding a powerful uptrend. However, caution is warranted near its 52-week high, as profit booking or pullbacks may emerge.

🔍 Technical Snapshot

RSI (71.9) → Overbought; signals strength but also potential for short-term correction.

MACD (164) → Strong bullish crossover; confirms momentum.

Volume (8.6L vs Avg 4.8L) → High volume; strong trader interest.

Price above DMA50 (₹5,110) and DMA200 (₹4,499) → Bullish structure.

52W Index: 97.9% → Near yearly high; breakout or reversal zone.

According to DailyBulls' forecast, the stock may continue its bullish run if it sustains above ₹5,599.67

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💸 Intraday Trade Setup

🔧 Trade Component Suggested Price Zone (₹)

Buy Zone ₹5,620 – ₹5,635

Profit Target ₹5,660 – ₹5,695

Stop-Loss Level Below ₹5,600

📍 Entry near ₹5,628 is ideal if volume remains elevated and RSI holds above 70. Look for continuation patterns like bullish flag or rising three methods.

⏱️ If Already Holding Today

Exit for Profit

Target: ₹5,660–₹5,695

Confirmation: RSI > 72, MACD > 170, and volume > 9L with strong green candles.

Exit for Loss Protection

Stop-loss: ₹5,600 or if RSI dips below 68 and MACD flattens.

Warning signs: bearish divergence, long upper wicks, or volume fading below 6L.

🧭 Final Takeaway

HDFCAMC is a technically strong intraday candidate today, backed by momentum and volume. Traders should monitor for signs of exhaustion near resistance levels. If you’d like to explore other high-momentum stocks or sector leaders, I can surface a few tickers that are heating up. Just say the word and I’ll scan the radar. 🚀📊

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