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Technicals for HDFC Asset Management Company Limited
By MusingTheNews
2025-08-15 20:36
Overall Technical outlook
Price Summary
HDFC Asset Management Company Limited's stock opened at 5485.0 on 2025-08-14, surged to 5530.0, dropped to 5404.0, and ended 0.11% up at 5491.0, with 868685 shares traded. Throughout the 52-week period, the stock hit a high of 5685.0 and a low of 3628.3. As per recommendations from 26 analysts, HDFCAMC's future price is expected to span between 4600.0 and 6680.0, with a mean price around 5714.3076.
Technicals
Support and Resistance: The price sits at 5491.0, supported by 5217.2 and resisted by 5622.0. This indicates a trading range where 5217.2 provides a floor, preventing declines, and 5622.0 acts as a ceiling, limiting further price increases for HDFCAMC. Support/Resistance for HDFCAMC
Aroon: Aroon's bearish trend remains intact, with Aroon Down consistently at the 100 level. This ongoing downward momentum requires additional analysis using other indicators to assess its potential future effects. Aroon chart for HDFC Asset Management Company Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for HDFCAMC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for HDFC Asset Management Company Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for HDFC Asset Management Company Limited. Parabolic Stop and Reverse chart for HDFC Asset Management Company Limited
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling a likely start of a bullish move. This configuration suggests that the market may be beginning to recover from a low point, leading to possible gains for HDFCAMC. Traders may interpret this as a favorable entry point. Stochastic chart for HDFC Asset Management Company Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned in a bearish pattern, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that the bearish momentum for HDFCAMC may be fading. This could signal a potential shift towards bullish price action, as the market's downward trajectory begins to lose strength and prepares for a possible reversal. Tripple SMA chart for HDFC Asset Management Company Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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