Chart of the week. Aster DM Healthcare.

Nov 5, 2022

This chart came on my chart on 15 July 22 when it was trading @213. Today I am recommending to average this stock again @ 268. The chart is looking more strong and it is worth adding more. Now one should add more for the targets of 360, 460 and 530 on weekly basis. There will be resistances in this journey but one should hold this stock with faith and long vision. A comparative analysis of technical and fundamentals is already done in my last blog, hence I am not repeating it. I have not given any SL as we have taken position before. New entrants would keep a SL of 235 on weekly basis.

CMP - 268 W (5/11/22)
T - 285, 360 W
View - Medium to Long term.