APOLLO HOSPITALS---Double Bottom BO

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