LONG on KRSNAA DIAGNOSTICS for Medium Term

KRSNAA was falling in a descending channel ever since its listed on bourses at a price of 1109.70.

It corrected approximately 68% from its listing price to reach an all time low of 353.10 on 28th Feb 2023. But, very recently i.e. on 31st Mar 2023, it successfully broke out of that channel rising by almost 44 % in 2 months.

Target: 783 (Potential upside: 54%)

Stop Loss: 498(daily closing basis)
Uwaga
This stock has multibagger potential.
Moving as expected

Add Target 2: 877
Uwaga
The Stock hit our stop loss and then moved up.

For fresh entry, Stop Loss may be kept at 590
Uwaga
Business Highlights of Q1 FY25:
- Bagged the contract for Tele-Radiology from BARC.
- Signed an agreement for 5 MRIs to be installed in 5 districts of Madhya Pradesh.
- Launched Krsnaa Retail Pvt. Ltd to focus on increasing their retail presence beginning with 5 states i.e. Maharashtra, Punjab, Odisha, Assam & Himachal Pradesh.
- Expanded its presence by establishing 395 new centers across the nation.
Chart PatternsTrend Analysis

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