avlnrao63

Aster DM health CMP - 147.55

Long
NSE:ASTERDM   ASTER DM HEALTHCAR
Aster DM Health- CMP 147.55. It has got hospitals in middle east and India. It has got diluted EPS of around 5 to 6 in last two years. It has got good FII stake and looks good. As per technical analysis it has fallen from heights of 180 on 20.11.20 to a low of 132 in March21. From there it retraced with good volumes to 61.8 levels of Fib and came down to 23.6 of Fib level at 143.75 and started going up again. It can be taken with a sl of 129 for target of 162, 170, 180 and above.
Comment: It is for educational purpose and consult financial advisor before making any investment.
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