NeeteshJain

Apollo Hospital - Trendline Breakout

Long
BSE:APOLLOHOSP   APOLLO HOSPITALS ENTERPRISE LT
It has been observed that the price action bottoming out as it formed an exhaustion candle stick at support zone , indicatng sellers exhaustion and now it breaks above the downward trend line indicating buyers comeback and it shall further rally from here on if it manages to close above 1000 levels.

T1- 1050
SL-990
Trade active
Comment: Now, speeding, it seems like a big buyer started accumulating it.
Trade active
Comment: Crossing 1040, next stop 1050
Trade closed: target reached: Target reached successfully. Thanks
Trade closed: target reached: It did go to next stop and further rallied to 1100 levels.

Comments

Its like magic !!! How do you do this successfully almost on every chart !!!!!!!!!!!!!!!!!!!!!!!!!1
+1 Reply
NeeteshJain ShanTrader
@ShanTrader, Sir, I believe it is practice more than magic. Hope it added value to your trading experience. Thanks
Reply
it went like rocket. Nice analysis sir.
+1 Reply
NeeteshJain Eatsleeprepeat
@Eatsleeprepeat, Yes, it did well and it can further surprise on Monday too as buyers look aggressive. Thanks
Reply
wow
+1 Reply
Great analysis...I jumped into the trade @ 1005
+1 Reply
NeeteshJain VShitole
@VShitole, Now, just keep holding until 1050 levels. Thanks
Reply
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