Osho Krishan of Angel One recommends buying this healthcare stock
Recently, the stock has demonstrated a strong bullish gap, showcasing its ability to maintain a position above all major EMAs on the daily chart, which supports a positive outlook
 "Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE")
Listen to This Article
NSE Scrip – Aster DM Healthcare
View - Bullish
Last Close – 438.20
Aster DM Healthcare is on a promising long-term upward trajectory, consistently achieving higher highs and higher lows across various time frames. Recently, the stock has demonstrated a strong bullish gap, showcasing its ability to maintain a position above all major EMAs on the daily chart, which supports a positive outlook.
Furthermore, the technical indicators are aligned favorably, suggesting that the uptrend is well-positioned to continue in the near future. This encouraging trend reflects the stock’s resilience and potential for further growth.
Hence, we recommend 'Buy' Aster DM Healthcare around 430-420 with a stop loss of 405 and a target of 460-465. (Osho Krishan is a senior analyst - technical & derivatives at Angel One Ltd. View expressed are his own.)
More From This Section
 "FPI, Foreign portfolio investment")
 "Reliance")
 "SEBI")
 "Wipro")
Topics : Stock calls Market technicals stocks technical analysis Markets Nifty index Stock Picks Stocks to buy today
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Nov 11 2024 | 6:56 AM IST