Apollo Hospital Stock Projection: Bullish and Bearish Scenarios

1. Bullish Scenario:
Entry Signal:

• The market price is currently at 6,834. A break above 6,834 and a move towards 7,138 (First Target) would signal continued bullish momentum.
  
• A breakout above 7,138 would indicate the next upward target is 7,533 (Final Target).
  

Target Levels:

• First Target: 7,138.
  
• Final Target: 7,533.
  

Support:

• If the price pulls back, the Primary Support level at 6,400 should hold to maintain the bullish outlook.
  
• If price moves lower, 6,200 (Secondary Test Line) or 6,000 (Final Support) would be critical levels to watch.
  

Stop-Loss for Bullish Position:

• Conservative: Enter above 6,834 with a stop just below 6,400 (Primary Support) to limit risk.
  
• Aggressive: Enter above 6,834 with a stop below 6,200 (Secondary Test Line) for a wider risk tolerance.
  

2. Bearish Scenario:
Entry Signal:

• If the price fails to sustain above 6,487 and starts to show rejection or consolidation at this level, it could signal a bearish move.
  
• A break below 6,400 would indicate weakness in the bullish trend, with potential downside movement toward the Secondary Test Line at 6,200 and eventually testing 6,000 (Final Support).
  

Target Levels:

• Secondary Test Line: 6,200.
  
• Final Support: 6,000.
  

Resistance:
If the price reverses and climbs back above 6,834, it would invalidate the bearish scenario, signaling a potential return to bullish momentum.

Stop-Loss for Bearish Position:
A stop-loss should be placed above 7,138 or 7,533 to protect from significant upside movement if the market starts to reverse and go bullish again.

Disclaimer: This analysis is for informational purposes only and is not intended as financial advice. Trading and investing involve significant risk of loss. Past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making any trading decisions. The author does not take responsibility for any actions taken based on this analysis.