Monthly Resistance Breakout - Stay Long

This COVID crisis has shown the need for Healthcare and Insurance in our Country and it is expected that the demand will grow more and more in the coming times. Government is also focusing on improvement of these sectors.

The Stock has been gaining momentum in last few days with good volumes. The Company is growing with an annual growth of 53% which is outstanding. Return on Equity is 14% which is also good. It has recently broken out of a base in its weekly chart with good volumes which is an indication that the stock will break its monthly resistance which is placed around 540 levels.

Keep Accumulating and Stay Long.