193.5 was all time high of Aster DM Healthcare. In August 21, the stock had given breakout above ATH and since then the stock is consolidating on parallel downward channel which is visible by pick lines. This week, however, the stock has given a breakout of that range and successfully closed above it with good volume. Now one can enter in to stock considering the consolidation is over. The reason I am recommending this stock is possibility of trading under a blue sky. The stock consistently given a great results over the period of years and it is one of the very well know MNC in healthcare business. Therefore, this is a very good Techno-Funda pick too. If anyone wants to take positions, please keep a strict stop loss given.
CMP - 213 W (15/7/22)
T - 246, 300 W
SL - 195 W
View - Medium term.
CMP - 213 W (15/7/22)
T - 246, 300 W
SL - 195 W
View - Medium term.