Case Study 10 : #HDFCLife - Medium Term Investing Pick !
CMP – 725.55 (27/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Strong Upmove 🚀Candidate!
#TechnoFundaInvesting
@caniravkaria @dmuthuk @Puretechnicals9 @rohanshah619
🙏(Views) 🙏
1⃣ HDFC Life Insurance Company is a long-term life insurance provider offering individual and group insurance services.
#HDFCLife #TechnoFunda #Trading #Investing #StockMarket
2⃣
Company's products meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.
#HDFCLife #TechnoFunda #Trading #Investing #StockMarket
3⃣
🌟#HDFCLIFE Technical Analysis🌟
✅Towards end of November 2020 Stock gave #breakout from Inverted Head & Shoulder Pattern.
✅Soon expected to give breakout from Bullish Rectangle Pattern.
✅Technically Stock Should move up to 950 in medium term.
#HDFCLife #TechnoFunda
4⃣
📈Other Technical Triggers📈
✅Strong Momentum 👉:#Price above short, medium and long term moving averages.
✅Overbought by Money Flow Index (MFI)
✅Stock Price near 52 Week High
#HDFCLife #TechnoFunda #Trading #Investing #StockMarket