NeeteshJain
Short

Apollo Hospital at Emergency Short

NSE_EOD:APOLLOHOSP   APOLLO HOSPITALS
12 1 3
After a long upward move, now profit booking can be seen and weakness in the price action. It is a good time to short this stock due to strong confirmation of the below mentioned points,

1. Doji candlestick at previous resistance shows weakness
2. AO Over bought area
3. Bearish Cypher Pattern
Target 1 has been achieved, now taking 50% profits out and looking forward to achieve target 2 at 1315
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