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ASCENDING TRIANGLE FORMATION IN APOLLO HOSPITALS

Long
NSE:APOLLOHOSP   APOLLO HOSPITALS
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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.

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