ASCENDING TRIANGLE FORMATION IN APOLLO HOSPITALS

APOLLO HOSPITALS HAS TAKEN SUPPORT FROM THE TRENDLINE OF THE ASCENDING TRIANGLE PATTERN IN DAILY CHART. EXPECT THE STOCK TO REACH THE TOP OF THE TRIANGLE PATTERN. POSITIONAL TRADE WITH STOP BELOW THE TRENDLINE SUPPORT. (FOR EDUCATIONAL PURPOSE ONLY).

Comment:

Now the stock is exactly at the trendline resistance and in the verge of giving a breakout once again. If the stock finds resistance at this point and forms a bearish candle then we may expect some correction in this stock.