Rainbow Hospitals - Rising Wedge Pattern

3天前

Rainbow Hospitals is making a Rising Wedge Pattern which is a bullish pattern and as per it we can expect Target of 2500+. Other factors:

1. One of the best Pediatric Hospital Chain in India.
2. Fundamentally strong stock with QnQ great results
3. Capacity expansion of 50%+ bed increase with state of art hospital in Gurgaon
4. Acquisition of hospitals in north east & Hyderabad
5. Technically a rising wedge pattern which is a bullish pattern

Based on fundamentals & technical analysis this stocks is looking great. Do keep in your radar!!

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