Aster DM Healthcare Ltd – Bullish Reversal Near Support

Aster DM Healthcare Ltd is showing signs of a potential bullish reversal after forming a falling-wedge pattern, with buying interest emerging around the important ₹744 support zone. The recent price action indicates improving strength, while the stock is attempting to reclaim short-term levels and build a stronger recovery structure. 🔎 Technical View The falling-wedge formation, followed by a bounce from ₹744, indicates a potential shift in short-term momentum. The RSI is currently around 51, suggesting that momentum is gradually improving, while the MACD is also showing signs of stabilization. Price action should be closely monitored for confirmation of sustained buying interest. 🔑 Key Levels Support: ₹744 – ₹707 Resistance: ₹780 – ₹818 Major Resistance: ₹854 🚀 Potential Upside Levels Target 1: ₹818 Target 2: ₹854 Target 3: ₹891+ A sustained move above ₹780 could strengthen the current bullish structure and may open the possibility of further movement toward ₹818, ₹854 and ₹891+ levels. However, a break below ₹744 could weaken the setup and bring the lower support zone into focus. Overall, the technical structure remains constructive as long as the key support levels continue to hold. Traders should monitor price action around ₹780–₹818 for confirmation of further momentum. ⚠️ Disclaimer: This content is provided strictly for educational and informational purposes and should not be construed as investment advice or a buy/sell recommendation. Please conduct your own research and consider your risk profile before making any investment decision. — AALGO BREATHS 📊