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Munish_Jain
Nov 24, 2023 7:57 AM

HDFCLIFE | Swing Trade Long

HDFC LIFE INSURANCNSE

Description

📊 DETAILS
Sector: Life & Health Insurance
Mkt Cap: 143,675 cr

HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings,(Source : 202003 Annual Report Page No: 175)

TTM PE : 97.50 (Average PE)
Sector PE : 18.74
Beta : 1.00

📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

3.40% away from 52 week high
Outperformer - HDFC Life Insurance Company up by 6.88% v/s NIFTY 50 up by 2.57% in last 1 month

📈 FINANCIALS
Piotroski Score of 3/9 indicates Weak Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

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Trade active

Trade active

Trade closed manually

Comments
pawankhatri
Why closed the trade? Your stoploss was 600.
Munish_Jain
@pawankhatri, I had to close multiple trades suddenly because I estimated nifty500 index could fall. No stock analysis works when market is not supporting it

Saved some bucks by selling before fall
pawankhatri
Target 772 or 722? On left its 722. On right, its market 772.
Munish_Jain
@pawankhatri, 772. it is moving quite slow
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