Aster DM Healthcare

$ASTERDM Pattern Identification Weekly Cup & Handle Breakout Cup formed between October 2025 and February 2026. Handle formed through April–May 2026. Price has already broken above the neckline around ₹730 and is now showing strong follow-through. This is a confirmed breakout, not a setup-in-progress. Breakout Zone Neckline Resistance: ₹730 Breakout confirmed above: ₹730–740 Current Price: ₹784.50 Previous resistance should now act as support. Measured Move Target Cup Depth: Neckline = ₹730 Cup Bottom = ₹520 Depth = ₹210 Measured Move: Target = ₹730 + ₹210 Primary Target = ₹940 Intermediate Targets: ₹840 ₹900 ₹940 Momentum Assessment ✅ Clean breakout above multi-month resistance. ✅ Strong sequence of higher highs and higher lows. ✅ No significant overhead resistance until ₹900+ zone. ✅ Price is expanding away from the breakout level rather than struggling near it. ✅ Relative strength versus broader market appears strong.