Indraprastha Medical Ltd | Bullish Flag Breakout | Swing Setup
Company Overview (Fundamental)
Indraprastha Medical Corporation Ltd (IMCL) operates under the Apollo Hospitals Group and manages the Indraprastha Apollo Hospital, New Delhi — one of India’s largest multi-specialty hospitals. Company financially strong, consistent profitability, improving margins, and low debt.
Fundamentally stable company with consistent earnings and a defensive sector (Healthcare).
Strong base for technical breakout follow-through.
💰 Market Cap: ~₹5,400 Cr
📈 Revenue Growth (YoY): +16% (Strong Growth)
💸 Net Profit Margin: ~10–12% (steady)
💵 Debt-to-Equity: 0.05 (virtually debt-free)
📊 ROE (Return on Equity): ~20%
Technical Overview
The setup represents a bullish continuation phase, with EMAs stacked positively and volume confirming accumulation.
Price trades above all 3 key EMAs (9, 20, 50) — strong bullish alignment.
Formation of a textbook Bullish Flag Pattern after a sharp pole rally from ₹460 to ₹610.
Recent candle closed bullish with +3.4% gain and high volume (2.48M) — indicating renewed buying interest.
RSI ~60 → Momentum healthy and not overbought.
MACD positive crossover developing, confirming bullish trend strength.
Price Action Analysis
Clean, bullish, momentum-driven move with volume confirmation.
Buy on dip near breakout retest at ₹580-583
Book Partial profit at ₹625–630
target 2: ₹655–660 this will be Flag breakout projection.
A perfect risk to reward ratio following.
Disclaimer
This analysis is for educational and research purposes only — not investment advice.
Always do your own due diligence and manage risk before trading.
Indraprastha Medical Corporation Ltd (IMCL) operates under the Apollo Hospitals Group and manages the Indraprastha Apollo Hospital, New Delhi — one of India’s largest multi-specialty hospitals. Company financially strong, consistent profitability, improving margins, and low debt.
Fundamentally stable company with consistent earnings and a defensive sector (Healthcare).
Strong base for technical breakout follow-through.
💰 Market Cap: ~₹5,400 Cr
📈 Revenue Growth (YoY): +16% (Strong Growth)
💸 Net Profit Margin: ~10–12% (steady)
💵 Debt-to-Equity: 0.05 (virtually debt-free)
📊 ROE (Return on Equity): ~20%
Technical Overview
The setup represents a bullish continuation phase, with EMAs stacked positively and volume confirming accumulation.
Price trades above all 3 key EMAs (9, 20, 50) — strong bullish alignment.
Formation of a textbook Bullish Flag Pattern after a sharp pole rally from ₹460 to ₹610.
Recent candle closed bullish with +3.4% gain and high volume (2.48M) — indicating renewed buying interest.
RSI ~60 → Momentum healthy and not overbought.
MACD positive crossover developing, confirming bullish trend strength.
Price Action Analysis
Clean, bullish, momentum-driven move with volume confirmation.
Buy on dip near breakout retest at ₹580-583
Book Partial profit at ₹625–630
target 2: ₹655–660 this will be Flag breakout projection.
A perfect risk to reward ratio following.
Disclaimer
This analysis is for educational and research purposes only — not investment advice.
Always do your own due diligence and manage risk before trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.