HDFC AMC will go bullish due to forming Double Bottom pattern
DOUBLE BOTTOM PATTERN : hdfc amc has formed a perfect double bottom pattern on daily timeframe which indicates that market will go upwards after breaking out of it
POWERFUL SUPPORT-RESISTANCE LEVEL : it has taken reversal from powerful support-resistance level which had been tested several times in the past indicating bullish momentum for the stock
PROFIT : stock will go till 4585
Trade fechado: objetivo atingido
stock had reached very close to the target, almost touched it & rebounded hence position should be closed now
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