Thread by @TechnoFunda6

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

5⃣

Fundamental Snapshot of #HDFCLIFE

Source : Investor Presentation.

#HDFCLife #TechnoFunda #Trading #Investing #StockMarket

6⃣

#HDFCLife is focusing on profitable growth.

Source : Investor Presentation.

@caniravkaria Worth Studying.

#HDFCLife #TechnoFunda #Trading #Investing #StockMarket

7⃣

In last two years, company has grown at a faster pace and compared to its pear.

Source : #HDFCLife Investor Presentation.

#HDFCLife #TechnoFunda #Trading #Investing #StockMarket

#HDFCLife Few more Positives ...

✅Company with No Debt

✅Company with Zero Promoter Pledge

✅FII / FPI or Institutions increasing their shareholding

#HDFCLife #TechnoFunda #Trading #Investing #StockMarket

9⃣

Would like to conclude our #TechnoFunda Analysis on #HDFCLife with some views of @dmuthuk about the stock -

"HDFC Life would be able to create wealth in the same way HDFC Bank has created for it's investors."

"HDFC Life is for insurance what HDFC Bank has been for banking."

🔟

@dmuthuk sir always says -

HDFC Life would be a huge wealth creator in next 2 decades.

and we firmly believe it.

#HDFCLife #TechnoFunda #Trading #Investing #StockMarket

1⃣1⃣

Disclaimer : This is not a stock recommendation on #HDFCLife. Just a case study for educational purpose explaining how #TechnoFunda Investing works.

Consult Financial Advisor before Investing !

#StockMarket #Trading #Investing #TechnicalAnalysis #FundamentalAnalysis