Apollo Hospitals bullish?

Apollo Hospitals has given a breakout from a resistance zone which it has been respecting since over a year. Buying volumes on the breakout candle are not very strong but buying volumes before the breakout candle were very healthy. Personally, I would wait for the first retracement and use a tight stoploss along with 20EMA on weekly charts as a trailing stoploss.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer