ASTERDM
Aster DM Healthcare Limited is one of the largest integrated private healthcare service providers operating in GCC (Gulf Cooperation Council) countries and an emerging player in India. With an inherent emphasis on clinical excellence, it is one of the few entities in the world with a strong presence across primary, secondary, tertiary and quaternary healthcare.
Aster DM Healthcare (ASTERDM) Stock Analysis:
As of May 7, 2025, at approximately 2:51 PM , Aster DM Healthcare Ltd. (ASTERDM) is trading around ₹532.15 on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
52-Week High/Low: The 52-week high for ASTERDM is around ₹534.80, and the 52-week low is around ₹311.10. The current price is near its 52-week high.
Merger News: There was news in the past about a potential merger with Quality Care India Limited (QCIL), which could impact the company's future performance and market position.
General Information about Cup and Handle Patterns:
Bullish Signal: The cup and handle is generally considered a bullish continuation pattern.
Formation: The "cup" is a U-shaped price consolidation, and the "handle" is a short, downward-drifting consolidation after the cup's formation.
Breakout: The pattern is confirmed when the price breaks above the resistance level formed by the top of the handle, usually accompanied by increased trading volume.
Target Calculation: The price target is often estimated by adding the depth of the cup to the breakout price. For example, if the cup's depth was ₹30 and the breakout occurred at ₹150, the target would be ₹180.
Timeframe: 6 to 1 year
Aster DM Healthcare Limited is one of the largest integrated private healthcare service providers operating in GCC (Gulf Cooperation Council) countries and an emerging player in India. With an inherent emphasis on clinical excellence, it is one of the few entities in the world with a strong presence across primary, secondary, tertiary and quaternary healthcare.
Aster DM Healthcare (ASTERDM) Stock Analysis:
As of May 7, 2025, at approximately 2:51 PM , Aster DM Healthcare Ltd. (ASTERDM) is trading around ₹532.15 on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
52-Week High/Low: The 52-week high for ASTERDM is around ₹534.80, and the 52-week low is around ₹311.10. The current price is near its 52-week high.
Merger News: There was news in the past about a potential merger with Quality Care India Limited (QCIL), which could impact the company's future performance and market position.
General Information about Cup and Handle Patterns:
Bullish Signal: The cup and handle is generally considered a bullish continuation pattern.
Formation: The "cup" is a U-shaped price consolidation, and the "handle" is a short, downward-drifting consolidation after the cup's formation.
Breakout: The pattern is confirmed when the price breaks above the resistance level formed by the top of the handle, usually accompanied by increased trading volume.
Target Calculation: The price target is often estimated by adding the depth of the cup to the breakout price. For example, if the cup's depth was ₹30 and the breakout occurred at ₹150, the target would be ₹180.
Timeframe: 6 to 1 year
Dagangan aktif
Good upmove
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.