Notorious_Trader

Descending Triangle Pattern Spotted in Apollo Hospital .

Long
NSE:APOLLOHOSP   APOLLO HOSPITALS
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 .

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Trade closed: target reached

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