Apollo has been an out-performer in the entire correction phase.
However, just like many other Pharma stocks - which outperformed but are now topping out, Apollo Hospital is also about to complete 5 up in an ED.
Check Divis for reference:
Now, weather this 5 up completes just one more from the March 2025 lows or the entire upmove from May 2022 lows remains to be seen.
In both cases, we should get a decent 8-10% pullback.
However, just like many other Pharma stocks - which outperformed but are now topping out, Apollo Hospital is also about to complete 5 up in an ED.
Check Divis for reference:
Now, weather this 5 up completes just one more from the March 2025 lows or the entire upmove from May 2022 lows remains to be seen.
In both cases, we should get a decent 8-10% pullback.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.