NephroPlus Extends fourth consecutive Losing Streak

NephroPlus falls 1.67% to around ₹697, extending losses for a fourth session. The stock remains in an uptrend, with ₹782 resistance and ₹618 support. Nephrocare Health Services (

) remained under pressure today, with the stock declining 1.67% and trading around ₹697, marking its lowest level in nearly three weeks. The fall extended the stock’s losing streak to the fourth consecutive session. Despite the recent weakness, the broader technical structure remains in a strong uptrend, with the stock continuing to form a higher-high, higher-low pattern. From a technical perspective, ₹782 is the immediate hurdle for the stock. A sustained move above this level could bring the recent highs back into focus. On the downside, ₹618, the recent swing low, remains the major support level. As long as the stock holds above this zone, the broader higher-high, higher-low structure remains intact. Traders will be closely watching whether the stock can stabilize around current levels and regain momentum toward the ₹782 resistance zone. Key Levels: Current: ~₹697 Immediate resistance: ₹782 Major support: ₹618 Trend: Strong uptrend Disclosure: I do not hold any position or have any financial interest in the mentioned stock.