HDFC Life Case Study for #VGM Practitioners
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HDFC Life Case Study for #VGM Practitioners
On 7/11/2022, #VGM setup gave a Sell/Exit on HDFC Life at βΉ542.
Since then, the stock rallied to βΉ800+, matching Nifty 500 returns.Key Observations:
Below MAST on #VGM β stock can still deliver positive returns but with higher volatility (retraced twice by 61.8%).
Above MAST on #VGM β stock delivers outstanding returns with lower volatility.
Thatβs why I prefer stocks bullish on VGM RS setup β lower drawdowns & smoother compounding journey.
Nishesh Jani,CFTe
#VGM #TechnicalAnalysis #StockMarket #Investing #HDFCLife #RiskManagement #SmartInvesting #nisheshjani #AhmedabadNest