ASTERDM - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.4

📊 Technical Overview of Aster DM Healthcare Ltd. (ASTERDM)

📈 Trend Analysis

Current Price: ₹592

50 DMA: ₹579

200 DMA: ₹508

Trend Status: The stock is in a consolidation phase after a strong rally. Price is above both DMAs, but momentum indicators suggest sideways movement.

📈 Momentum Indicators

RSI (49.9): Neutral — hovering near midpoint, indicating lack of strong momentum.

MACD (0.58): Slightly positive — weak bullish crossover, but not convincing.

Volume: 3.9L vs 1-week avg of 8.75L — below average, showing reduced participation.

📊 Bollinger Bands

Price likely near the middle band, with contracting bands — typical of consolidation.

No breakout signals yet; volatility is low.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 579 Support

200 DMA 508 Strong Support

Current Price 592 Above both — bullish bias

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 575–580 50 DMA zone

Support 2 545–550 Previous swing low

Resistance 1 610–615 Recent top

Resistance 2 675 52-week high

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹575–₹585 (near 50 DMA, on dip)

Exit Zone (Short-Term): ₹610–₹615 (initial resistance), ₹675 (if breakout occurs)

Stop Loss: ₹560 (below support zone)

📌 Summary

Trend: Consolidating

Momentum: Weak to neutral

Volume: Below average — suggests indecision

Setup: Wait for breakout above ₹615 with volume for momentum trade; otherwise, accumulate near ₹580 for medium-term hold

Would you like a sector comparison with other healthcare stocks like Apollo Hospitals or Fortis to gauge relative strength?

Edit in a page