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rdkriplani
May 17, 2020 9:42 PM

KMC Speciality - Smallcap Smallcap investment 

KMC SPECIALITY HOSPITALS (INDIBSE

Description

A popular hospital chain in South India, which got an investment of 140cr for expansion.
Been used by the state govt to handle the covid cases.

The price could move to 18.60-19 in the next term. At that price it also forms an inverted H&S.
Another technical indicator which indicates big moves is convergence of the moving averages. Volumes are supportive of a big move pending. (Significant volumes spike)

Watch this space. SL below 200WEMA.
Comments
Taurus333
Can we buy now?
rdkriplani
@himanshu93, Wait for it to retest the red line and see if it bounces there..
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