Narayana Hrudayalaya has found a breakthrough above key averages, indicating a slightly upward move. With firm support around the recent swing lows, the process suggests a favorable risk-reward setup for short-term traders tracking technical formations.
Parameter | Details |
Stock | Narayana Hrudayalaya |
CMP | ₹1,793 |
Buying Range | ₹1,770–₹1,795 |
Target | ₹1,980 |
Stoploss | ₹1,680 |
Upside Potential | ~10% |
Duration | 30 Days |
After the adjustment phase, Narayana Hrudayalaya has found support at its 200-day exponential moving average (EMA). The price action also matches with the major low formed in May and August 2025, creating a zone of strong technical confluence.
This zone acts as a solid foundation, reflecting a fresh risk-reward setup within a well-defined trading bracket.
In the short-term timeframe, the stock has broken out above a near-term trendline that had capped multiple attempts to move higher in recent weeks. The move was backed by strong relative strength, as seen in momentum indicators.
Support now lies in the ₹1,760–₹1,680 range, which represents the intersection of the two-month low and the 200-day EMA. As long as this range holds, the stock structure remains constructive for traders focusing on positional opportunities.
The stock’s higher base formation near the long-term average confirms sustained buyer interest.
Momentum is gradually improving, suggesting an attempt to reclaim upper resistance levels near ₹1,980 which also marks the 50% retracement of the broader June–September corrective decline.
The 14-day RSI has shown up higher from neutral zones, indicating a renewed strength in momentum. Sustaining above this level would affirm the possibility of positive bias, aligning with an aligned recovery trend.
The chart setup points toward a measured recovery phase after consolidation. The price stability near key averages reflects strong market confidence in the stock’s medium-term trajectory.
While short-term volatility cannot be ruled out, the broader structure remains encouraging for traders adopting strict stoploss-based strategies.
The defined stoploss at ₹1,680 ensures balanced risk control, while the upside target near ₹1,980 offers a clearly structured positional play.
Narayana Hrudayalaya has regained strength above its 200-day EMA, signaling potential follow-through momentum in the coming sessions. With well-defined support and a positive RSI setup, the risk-reward equation appears favorable within the near-term horizon.
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