rdkriplani

HCG - Channel Bottom

Long
NSE:HCG   HEALTHCARE GLOBAL
Among the few hospitals which didnt participate in the move today even though it is a cancer speciality hospital which is one of the few diseases we have been unable to cure and is on the rise.
Look for a bounce starting from 218-210 (channel bottom) With a SL around 203-199 depending on where you buy the stock.
This one can be both a long term opportunity but also a trade once and if it bounces from the channel bottom/support.

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