Descending Triangle Pattern Spotted in Apollo Hospital .
Apollo Hospital is in Clearly Uptrend .
After an Impulsive Wave Stock is in Corrective Wave and Stock Range is Getting Smaller .
It formed Descending Triangle , Which is kind of Bullish Pattern in Trending Market .
Price Also Testing Trendline Support and Demand zone . Confluence of several Things appearing at same Time.
When this Triangle Break you can Expect Impulsive Move till 3364.
Entry - 2945
Stoploss - 2778
Target - 3364
R/R is very Good in this trade .
If you like my Analysis Please like and share this
you likes keeps me motivated to find more trades like this
Follow me for more
Happy Trading
After an Impulsive Wave Stock is in Corrective Wave and Stock Range is Getting Smaller .
It formed Descending Triangle , Which is kind of Bullish Pattern in Trending Market .
Price Also Testing Trendline Support and Demand zone . Confluence of several Things appearing at same Time.
When this Triangle Break you can Expect Impulsive Move till 3364.
Entry - 2945
Stoploss - 2778
Target - 3364
R/R is very Good in this trade .
If you like my Analysis Please like and share this
you likes keeps me motivated to find more trades like this
Follow me for more
Happy Trading
Trade closed: target reached