Apollo Hospital and the EW Counts
APOLLOHOSP CMP 6989.. If we consider counts from May'22 lows, the 5 waves seems to have ended.. The minimum expected target of Wave 1 = wave 5 has already been met at 7220 levels.. Extended target is placed at 7800+..
Since the overall market is going down, this too looks poised to go down.. but Price action in the coming days will confirm the direction.. either case, a pullback/retracement is definitely on the cards to go below the recent swing low of 6727
Since the overall market is going down, this too looks poised to go down.. but Price action in the coming days will confirm the direction.. either case, a pullback/retracement is definitely on the cards to go below the recent swing low of 6727
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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