buy on dips strategy to follow in correction

Apollo Hospitals Enterprise Ltd. is a major player in India's healthcare sector, with operations across hospitals, pharmacies, diagnostics and digital healthcare services. Its established brand, specialist medical facilities and expanding hospital network support its long-term business prospects. Apollo Hospitals reported strong financial performance in Q1 FY2026–27. Revenue reached approximately ₹7,043.5 crore, up 20.56% year-on-year, while net profit increased to approximately ₹581 crore, supported by demand for specialised medical treatments and growth in healthcare services. NSE 8,027.50, BSE 8,020.00 +1 The company has also outlined plans to add more than 5,800 hospital beds over five years. If executed efficiently, this expansion could increase patient capacity and contribute to future revenue growth. However, new facilities require capital expenditure and time to reach optimal occupancy, so investors should monitor returns on investment and operating margins. 4. Technical Analysis and Important Levels The stock's price action should be evaluated using daily and weekly charts, trading volume, moving averages and price support/resistance. The following are indicative zones for monitoring, not verified live technical levels. Price zone Technical interpretation ₹8,000–8,100 Near-term price area to monitor ₹8,200–8,400 Potential recovery zone if buying momentum strengthens ₹7,800–7,900 Immediate area to observe for support ₹7,600–7,700 Lower zone to monitor if selling continues