APOLLOHOSP--Near to its trendline ??the stock is continuously trending upwards....
now it is near to its trendline...
taking the support from the trendline multiple times.....
facing resistance from the zone @5280-5230. if this breaks and retest will go for buy side...
if trendline breaks and retest will be on short side...
keep track this stock.
Apollohospprediction
APOLLOHOSP--Demand Zone @4355??Observations::
--------->> The stock is trending upwards in daily time frame.
--------->> Previous resistance is broken but failed to close above levels, results in selling pressure towards downside.
-------->> we have a demand zone @4360 levels. where previously strong buy ness is observed. If price breaks this level we have a support @4340 levels.
--------->> if this zones acts as a support, a strong rise towards upside is possible.
If price breaks resistance @4680 range we have next resistance placed @4800 range.
if price comes back to this place we will go for buy @4200-4240 . Keep track this levels.