Aster DM Quality Care rises 3.35% near 50% retracement

Aster DM Quality Care rose 3.35 percent on 9 October 2026 and closed at Rs 699.85, with the 61.8 percent retracement near Rs 661 as key support. Aster DM Quality Care Limited [

] rose 3.35 percent on Friday, 9 October 2026, and closed at Rs 699.85. The bounce came after a fall of about 24 percent from the Rs 891.3 high of 10 August to a low of Rs 675.9. The rally ran from Rs 519.1 on 4 February to Rs 891.3 on 10 August 2026. Price now sits just below the 50 percent retracement at Rs 705.2. The 61.8 percent level at Rs 661.3 is the next support zone, and the stock has not tested it yet. Very heavy volume in mid August matched a reported block deal by a TPG affiliate. Since the peak, the stock has made lower highs. Friday’s volume was light and daily RSI is near 38, so the bounce needs follow-through. What next: Rs 780 is the resistance, and a close above it may ease the weak trend. Rs 661 is the support, and a close below it may bring more selling. Conclusion: the trend stays weak while below Rs 780, with the Rs 661 area as the level to watch. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.