This stock is a must have in your portfolio for long term investment.
NS:HDFL): It is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises various insurance and investment products such as Protection, Pension, Savings, etc. The company is almost debt free and has a good market cap. The company is profit-making and focusing on business expansion. During the pandemic, life insurance demand has increased. FIIs & DIIs are holding a good number of shares percentage. The technical chart is also showing strength for up moves. On the monthly time frame stock has made Double Bottom and now giving a breakout. Weekly chart bulls have taken handover, so we are expecting more up moves. The next hurdle is around 660/720 and immediate support is 590/565.
