HDFC AMC is currently exhibiting a bullish flag formation, a classic continuation pattern following a strong vertical rally. The recent price action is consolidating within a downward-sloping channel, typically seen as a pause before the next leg up.
Key Technical Levels:
Flag upper boundary (first resistance): Around ₹4,400
Flag high / prior resistance: ₹4,583.65
All-time high: ₹4,867.00
A breakout above the flag’s upper line could signal fresh buying momentum with the potential to first retest the flag high and possibly challenge the all-time high if the breakout sustains.
Fundamentals Snapshot:
Dividend Yield: 1.64%
ROCE: 43.3%
ROE: 32.4%
PE Ratio: 37.09 (vs Industry PE of 20.70)
Growth Metrics:
Compounded Sales Growth:
10 Years: 13%
Compounded Profit Growth:
10 Years: 19%
Stock Price CAGR:
5 Years: 10%
This combination of strong technical setup and solid financial performance suggests HDFC AMC remains a strong contender in the asset management space.
Recent escalations along the India-Pakistan border have led to military confrontations, increasing uncertainty in the broader market. If tensions worsen, volatility may rise, and market sentiment could turn risk-off, impacting financial market. Traders should stay alert for any escalation news.
Disclaimer:
This post is for educational purposes only and is not financial advice. Please do your own research or consult a financial advisor before making any investment decisions. Market conditions and geopolitical developments can change rapidly.
Key Technical Levels:
Flag upper boundary (first resistance): Around ₹4,400
Flag high / prior resistance: ₹4,583.65
All-time high: ₹4,867.00
A breakout above the flag’s upper line could signal fresh buying momentum with the potential to first retest the flag high and possibly challenge the all-time high if the breakout sustains.
Fundamentals Snapshot:
Dividend Yield: 1.64%
ROCE: 43.3%
ROE: 32.4%
PE Ratio: 37.09 (vs Industry PE of 20.70)
Growth Metrics:
Compounded Sales Growth:
10 Years: 13%
Compounded Profit Growth:
10 Years: 19%
Stock Price CAGR:
5 Years: 10%
This combination of strong technical setup and solid financial performance suggests HDFC AMC remains a strong contender in the asset management space.
Recent escalations along the India-Pakistan border have led to military confrontations, increasing uncertainty in the broader market. If tensions worsen, volatility may rise, and market sentiment could turn risk-off, impacting financial market. Traders should stay alert for any escalation news.
Disclaimer:
This post is for educational purposes only and is not financial advice. Please do your own research or consult a financial advisor before making any investment decisions. Market conditions and geopolitical developments can change rapidly.
Trade closed: target reached
Both target achieved.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.