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Apollohospital

Apollo Hospitals @2110 - Target 2400 and stop loss of Rs. 22Apollo 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 trend line if it holds above 2110 on closing basis. Very small stop loss can fetch 300 Rs upside in quick time. Good candidate for call buying also given recent down trend call pricing would be cheap.
NSE:APOLLOHOSPLong
by Pattern_Study
Apollo Hospital-On Steroids, Great Volume|Long play opportunityThanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Apollo Hospital is showing some excellent strength toward the upside. Even though the market was falling for the past few sessions, ApolloHosp has been constantly moving upwards. Volume for the previous session was the highest seen in a long time and even at the weekly level, the volume has been on the rise as you can see on the right-side chart. Currently, it looks a bit overextended and may show a retrace but I would consider taking long opportunities in this stock if I see a good one. I am not saying that this stock cannot fall, but just that I like to generally have a one-sided view for stock and chose the setups accordingly. There is every possibility that this stock may come down to test 2000 or even 1800 level and that would still be a healthy pullback as stocks do tend to come and test the previous resistance as support upon breakout. if it starts to trade below 1800, then it can be a bit concerning. Trade with proper SL and risk management. Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision. “I wish I had taken the SL that day.” ― Losing trader
NSE:APOLLOHOSPLong
by iSauravKr
ApolloHosp - Wait for weakness and shortThanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks A few days ago I had posted on TV to long ApolloHosp and the stock has played out as expected. Now, ApolloHosp looks seriously overextended and also a good opportunity to short in the near future. Not sure what exactly is driving this up like this, but wait for weakness before going short on this. Wait for a red candle day and then you can think of playing it on the short side. Till then, trying to short this would be like coming in front of a fast-moving train. Probably, many retailer traders would get caught in this move. If you are long, then I would recommend taking partial profits at least. Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision. “You never know what kind of setup market will present to you, your objective should be to find opportunity where risk-reward ratio is best.” - Jaymin Shah
NSE:APOLLOHOSPShort
by iSauravKr
APOLLO HOSPITALS - NEAR MAJOR RESISTANCE - WATCH FOR BREAKOUT- Apollo Hospitals is in major RESISTANCE zone. - The Black linear line represents the zone. - Follow the below information in order to confirm if there will be a breakout or pullback? Ans: Those Yellow color vertical lines are called the 'CYCLICAL LINES' and are drawn whenever a candle is formed will represent the trend reversal. If you observe, post these candles are formed, from the next day you could see either breakout or breakdown. The next Cyclical Line is due to form on 17th April 2020. Basis which the decision could arrive.
NSE:APOLLOHOSP
by babufcs