ABSOLUTE ANALYSIS

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HDFCAMC, a simple breakout strategy

CMP 4420

Buy on breakout at around 4445 as resistance.

Target 4599-4603

This stock is in the watchlist since 29th Aug and the trendline is still not breached yet the entry criteria are still valid, only with the change in the entry level.

Entry tentatively above 4445 (to be precise on breakout of the trendline).

SL will be based on the entry level.