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.
APOLLOHOSP trade ideas
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%
Live Intraday Trading - Trading a rounding bottom pattern !!A nice rounding bottom formation in the stock , in the same direction of the market . After a very nice trade in TCS , I did not wanted to hold for longtime . Got a very nice profit and then got away !!
apollo hosp flag patternapollo hospital after making a cup n handle breakout on weekly, has made a flag on lower timeframe, gvng opportunity to long it at breakout.
Apollo Hospital-On Steroids, Great Volume|Long play opportunityThanks for coming to this update.
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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
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
