APOLLOHOSP trade ideas
Sell Apollohospital with sl 3100Apollo Hospital broken trendline. sell with sl 3100
Targets 2800,2700
Apollo Possible Reversal ? 4.618 FIB Prokection did not respond to 2.618 Harmonic FIB
RSI highly overbought on daily and weekly
so far it is not breaking swing lows on hourly timeframe so need to wait
ApolloHospital above 2777If Apollohopsital stay above 2777 for 15 min thenc an show 2847 and 2927 with stop at 2706.
APolo Hosp { Short 15 M }At trend line ( Resistance ) , Doji formed short if break
Rest is as per chart
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
bullish demand is coming as stock is gaping up ,vol rise , low vol of bears . consolidation on resistance. seems mild bullish as volumes are not much today.
APOLLO IS READY TO FLY CHECK THE TRADE AND RISK REWARD ITS 1:10 AND ANYTHING ABOVE 1:5 I AM READY TO TAKE THAT RISK
Apollo hospital high chances of BUYTHE RANGE FROM 2269 TO 2329 IS ACTING AS SUPPORT.
ALREADY TESTED ONCE. IF TESTED AGAIN THEN CAN EXPECT A GOOD BUY MOMENTUM.
Live Intraday Trading - Hitting the peak !!This was a scenario when you are at the top of the peak of a mountain and you don't have any kind of support !!!
Apollo HospitalApollo Hospital seems to have completed the intermediate bullish cycle - demands a correction
Good trading
Noufal Mandalil
APOLLO HOSPITALSI'm not an expert I'm just sharing my views on APOLLO HOSPITALS for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
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.
APOLLO HOSPITALS 4HR BEARISH SHARK
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
Within 3-5 price bars need the confirmation from a BEARISH CANDLE with RSI Below 70 & WITH LOW Volumes
POTENTIAL SELL
Apollohosp - 2800 is comingApollohosp has bullish flag on daily TF, Todays volume shows a directional upward move in coming days. RSI is also supporting as its above 60...
long opportunity on apollo hospitalsreasons for being bullish:-
1)a flag pattern breakout with good volume and momentum and retest
2) flag pattern formation after taking support around of fibonaci suppport at 61.8%
Apollo hospital good shorting candidateApollo hospital spot cmp 2215
if any one holding long should book profit
If any one willing to go short can go short
Best shorting range will be 2240 to 2280
View gets violated above 2344 on closing basis
Can see fall of 10-15-20%
