HDFC AMC gave more than 125% return in 1 year.

HDFC AMC gave more than 125% return in 1 year.

HDFC AMC has again created a new life high. The midcap index remains in the positive zone. Today the stock has crossed the 3300 level for the first time. Its setup is very positive. Wherever dip is visible in it, shopping is being done there. It can be held by purchasing at a minor dip.

HDFC AMC has become the king of the stock market due to the continuous rise in the stock. The stock has climbed to a new record level for the third consecutive day. The stock has given over 125 per cent returns in 1 year.

Market  Expert Rajesh Palavia says that the way the set-up and its formation are seen in this stock, it seems that it will continue to grow even further. A target of 3500 can also be seen in this. Palavia advises positionally buying on this stock and has expressed a view to keep its position target at 3250.