Momentum indicators remain strong for Narayana Hrudayalaya after breakout above consolidation range

“Narayana Hrudayalaya (NH) stock is showing a strong bullish breakout structure on the daily chart after surpassing a prolonged consolidation zone near the 1860–1880 resistance band. Traders can buy for a target of Rs 2100-2125 in the next 1-2 months,” Shitij Gandhi, AVP – Equity Technical Research, SMC Global Securities, said.
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