Apollo hospitals

May 31, 2017

The stock is currently around support levels

May 31, 2017

Note

From charts one can observe that the stock is currently in down trend since last year and a half......

It has tested channel support around 1100 levels in Dec 2016.

It made a higher low afterwards around 1131 in April 2017

If stock holds on to 1160-1180 zone that could be an early sign of reversal

However trend reversal will be confirmed once it goes past 1280 zone on weekly closing basis

May 31, 2017

Note

This is a longer term chart

May 31, 2017

Note

There u go...

Critical levels identified
and view gets simplified...

What Apollo hospitals chart is saying through its short term and Long term chart


Take care & plan ur trade accordingly...

Jun 2, 2017

Trade active

High made so far 1275
1st trgt almost done...
Cmp 1268

One can book profits or hold with revise SL to 1228

Take care & happy trading...!!!

Jun 7, 2017

Trade closed: target reached

Book profits completely



1st Target has been achieved and exceeded.
High made today 1339. That's more than 12% in 5 trading sessions

We will wait for a couple of trading sessions to see if 1260-1288 zone holds out & then take a fresh view

Happy trading...!!!