Narayana Hrudayalaya (NH): EMA Bounce with Fundamental Strength 📈🏥

Narayana Hrudayalaya (NH) is witnessing a bullish reversal from the daily 20-EMA with volume support, indicating buying interest at trend support. The Nov 17 high-volume candle has been fully retraced and absorbed, highlighting strong demand and reduced selling pressure, a setup that often precedes trend continuation. On fundamentals, NH delivered 20% YoY revenue growth and 30% YoY profit growth in recent quarters, with EBITDA margins improving on better utilization. With 1,500+ beds planned for expansion, strong India and Cayman operations, and EPS around ₹40+, the company offers solid earnings visibility, supporting the ongoing technical strength.