Technical Analysis Niva Bupa Health Insurance.

The stock

has seen a significant correction from its past highs when it was trading above 110 and went through a long sideways consolidation phase. Recently the chart structure has started to improve showing a slow but steady upward momentum and recovery from the March bottoms. Immediate Support the level around 76.05 (where your crosshair is marked) was earlier acting as resistance. Now that the price has cleanly crossed it this 76 level becomes your immediate short-term support. Strong Base the major stronger support base is formed lower around the 68-70 zone. The stock took multiple supports here before bouncing back. Immediate Resistance moving upward the stock will likely face its next minor hurdle or selling pressure around the 84 level. Next Target Zone if the stock successfully breaks and sustains above 84 with good volume the next resistance to watch would be around the 90-92 levels. For short-term buyers entering around the current levels with a strict stop-loss just below the ₹76 support offers a favorable risk-to-reward setup targeting the ₹84 resistance. Existing holders should confidently hold their positions using a trailing stop-loss to protect recent gains as the stock continues its steady recovery from the bottom. Since the upward momentum is building nicely with good volume booking partial profits near the ₹84 and ₹90 zones could be a smart strategy to manage risk. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.