Apollo Micro Systems Ltd.
Technically price is moving inside a descending channel forming WXY corrective pattern as wave 4.
As per conventional TA, death cross has formed on 5th August. Further downside is expected.
Fundamentally it is overvalued, so it is underperforming since November 2023.
During last 3 years, the company has been spending aggressively on...
The chart provided is a weekly candlestick chart for Apollo Hospitals (ticker: APOLLOH) on the National Stock Exchange (NSE). Here is a detailed analysis and summary of the chart:
Timeframe and Data:
- Timeframe: Weekly
- Data Range: From around early 2022 to mid-2024
Price Analysis:
- Current Price: ₹5,914.35
- Price Movement: The stock price has experienced...
Sony Pictures Entertainment and Apollo Global Management are currently in talks to explore the possibility of submitting a joint bid to acquire Paramount Global. This information was obtained from an anonymous source who is familiar with the matter. The two companies have not yet approached Paramount ( NASDAQ:PARA ), which is currently in exclusive negotiations...
Here I want to point you to the emerging lending and borrowing protocol on Moonriver chain. TVL is $82 million. The protocol has a governance token called MFAM. Take a closer look.
We are long Apollotyre cmp 210/200 Maintain sl below 180 level upside target-300++ till dec-2022
we expect 50% return within 6 month
risk in this trade - 15% on stoploss level
NYSE:APO
Idea is simple:
Long position when the price breaks out of flag ($75.85)
Stop - close lower than $74.91 (-1.23% risk)
Take - $81 (6.88% upside)
Profit/Risk - 5.6
Feel free to comment / add a feedback
Another stock that came on my radar is apollo tyre.
The stock has been moving in a range for the past 4 months.
Last week its closed well near its highs.
Now if the stock sustains 190 levels on the weekly basis, the stock might test its upper range 240- 255.
And if the range breaks on the upside, the stock could test its all-time highs i.e. 307.25.
This analysis is done at the request of a well wisher.
Yes, the overall index is weak but here is a defense stock with a huge pipeline orders.
Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD...
The Apollo Tyre stock is consolidating for some days
Big move is expected in near future:-
Go long near support area with bullish confirmation candle only:-
Apollo Hospitals has approached it's multi year trend line negating covid turbulence from April to July.
Historically, for Apollo Hospitals RSI has been a critical indicator suggesting whether to expect the trend line to be a Support or resistance.
After the quarterly result blues are over, RSI indicates that stock is ready to approach and cross the multi year...
![MFAM_TVL: Apollo [MFAM]. Lending and Borrowing Protocol on Moonriver.](https://s3.tradingview.com/o/o0jwKOs8_mid.png "Apollo [MFAM]. Lending and Borrowing Protocol on Moonriver.")
