Apollo HospitalGiven a breakout.........
any pull back is a buy.
keep booking profits at above resistance levels.
Happy trading........
APOLLOHOSP trade ideas
APOLLOHOSP <> Expecting PullBackAt strong resisntace level:
1. Long term resistance trend line
2. Fib 1.618 level
3. Big even number of 3600.
Target : 3500.
It moved about 14% in last 5 trading sessions. Expecting a pull back to 3500 to test the near term previous line of resistance as support. This point is also near to it's 7MA.
Apollo Hospitals is ready for breakoutAfter seeing range consolidation and increasing price with volume, its ready for breakout
SEND APOLLO HOSPITALS BACK TO ₹2600Price Rising Up, Volume Declining = Bearish Divergence on LTF
The dump will be quick and good to make money on the SHORT!
NSE:APOLLOHOSP
Fresh Breakout in ApollohospitalOn Daily Charts it gave a fresh Breakout above 3300 today, All the Parameters are supporting an Upcoming Bull Run.
Entry is Suggested around 3280-3305 levels With Stop Loss of 3070 for the Targets of 3800++
Looks good above and below the trendline Rejection and third time trendline test . Can go long above horizontal line if breakout we can short it.
APOLLO HOSPITALSLooking Bullish
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
APOLLO HOSPITALS :: BULLISHDATE: 19 MAY 2021
INSTRUMENT: APOLLOHOSP
TREND: BUY
TIME FRAME: day
CMP: 3229.70
BUY ABOVE: 3250
STOP LOSS: 3150
TGT 01: 3350
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Apollo Hospital | Inverted head and shoulder w/ flag patternThis stock closely followed the inverted head and should pattern and broke the neckline. The price target today was nearly short of 40 points if compared w/ neck to head distance which is still good. The stock also touched it's near high today.
It will be interesting to see where does stock head this. I am of the opinion that this will show a short term bearish trend till the nearest support.
APOLLO HOSPITAL - Cup & Handle - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade set up along with the logic has been explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
