Apollo Hospitals Enterprise Limited
Long
Updated

APOLLO HOSPITALS---Double Bottom BO

129
Apollo was in a falling channel. After reaching 200 ema, script formed a double bottom/W-pattern and broke out with volume. A neat clean BO with follow up as well. Pretty good candidate for swing trade.


Trade cautiously and always use SL.


Happy Trading :)

Disc: Chart posted only for learning purpose.
Trade active
Entered today @ 4800
Sl- 4550 (5%)
tgt- 5300 (10%)
R:R- 1:2
Trade closed manually
scratched. Closed my trade @ 4700
no follow up buying and rise in volumes

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.