HDFCAMC SELL BELOW 5338 TARGET 5280, SL 5357
HDFCAMC SELL BELOW 5338 TARGET 5280, SL 5357
HDFC AMC stock price zoomed to new high of Rs.5357.5 which is a new all time high. The technical indicators and related volumes didn’t show harmony with spurt in the stock price and hence recommended to short sell the stock with a stop above today’s high.
Fundamentally, the stock has overvaluation concerns as Price to Earnings ratio hovering at 45 and may limit further upside. A decline below the 10-day SMA (~₹3,830–3,840) could signal a trend reversal or short-term correction as the Stochastic value is above 98 and showing overbought situation as of now.
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ASJ_Stockmarketclasses
I’m Prasad Bhave, a Senior Research Analyst with over 15 years of experience in market intelligence, data-driven strategy, and trend forecasting. I specialize in translating complex data into actionable insights that support business growth and decision-making.
My work spans across sectors including Finance / FMCG / Technology / Healthcare, where I’ve led high-impact research projects, competitor analysis, and strategic reports for C-level stakeholders.
I’m passionate about combining deep research with practical outcomes, and thrive in environments that demand both analytical rigor and creative thinking. Whether it's uncovering hidden market opportunities or refining business strategies, I aim to deliver clarity and results through data.
