Appllo Hospital - Forming Head & Shoulder + Breakout (Bearish)
As per daily chart, the price action is breaking out from the cruical support of 1325, it shall now reach to the next support levels of 1300. It is also been observed that it is forming a head and shoulder pattern indication further bearishness in the price action. It is good to short at current levels taking stoploss at 1330 and target 1300
Trade closed: target reached:
Target achieved, book partial profits.
