The stock is trending upwards... facing resistance in the zone 5300. if we see on bottom side..price has taken the support from 4900... price is also near its trendline...taking the support of trendline will not able to sustain above 5300 zone.. if price falls below the trendline..with a small retest to trendline,it will fall until 4900 range only... until price...
Observations:: the stock is in the resistance zone..@5200 we have a demand zone at 4900 -5000 range, if Demand zone failed to take the price above 5300 levels, price will come down to 4700 range and 4500 range. be on buyside from 4500 range.
Apollo hospital is at a good support level, it can continue till 4200 levels, where it might halt for some time. This has a good risk to reward ratio(1:2). We can enter a trade with 10 Rs. stop loss once it goes above 4075
APOLLOHOSP After positive bias its trading in triangle pattern. Wait tomorrow for triangle pattern breakout with candle stick pattern support Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Buy Apollo hospital target 🎯 5500 because it has break it's major breakout thatwhy it can give rally upto 10% .
POSITIONAL INVESTMENT VIEW IN #APOLLOHOSP BREAK OUT GIVEN AT 3222 NOW WAIT FOR RETEST BREAKOUT LEVLS FOR ENTRY BUY APOLLOHOSP 3222 ADD MORE 3150 STOP LOSS - 3100 CLBS TARGET -3350 3400 3450 3500 3600 ++++
All the key levels are mentioned in chart Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Apollo hospital has shown good momentum from 1245. Expecting good upside movement this Expiry. If Price breaks and Close above 1300 then positional targets 1360-1400 possible in upcoming 15-20 days. Intraday and positional levels are given. (While trading intraday move stoploss to cost as soon as you are in profit.)