Trend: The stock is forming a potential reversal pattern after prolonged correction. Price has taken support near ₹1,300 and is now attempting to reclaim the key breakout level. Sustaining above ₹1,365 will be the first sign of strength.
Key Levels-
Resistance Level: ₹1,646.95
Neckline Level: ₹1,476.65
Key Level to Break: ₹1,365.45
Support Level: ₹1,302.10
Major Support Level: ₹1,228.90
Fundamentals (Key Points):
🏥 Leading pediatric and maternity hospital chain in India.
💹 Steady revenue growth driven by expansion of network and services.
📊 Strong operating margins and improving occupancy levels.
💰 Debt-free balance sheet with robust cash flows.
⚠️ Stock has been consolidating; breakout above ₹1,365 could initiate a short-term trend reversal.
Final Verdict:
Bullish Bias — Watch for breakout above ₹1,365 for potential move toward ₹1,470–₹1,500.