HDFCAMC has formed a pennant pattern on a daily timeframe which is being backed by the support zone.
Reasons to enter -
1. Accumulating for the last 4 trading sessions.
2. Testing the trendline 3rd time.
3. Overall Market structure is bullish
Reasons to enter -
1. Accumulating for the last 4 trading sessions.
2. Testing the trendline 3rd time.
3. Overall Market structure is bullish