Another bull flag spotted
Apollo hospitals
as per option chain analysis, 2300 level will act as support. so as long as it stays above 2300, it is bullish to me.
buy on flag breakout
I hope you can now see how Apollohosp represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
Apollo Hospitals gave breakout and closed above the resistance zone now it is expected to give movement towards 1536-1614 & 1712 levels. Support Zone is 1400 levels.
This Chart is Only for Educational Purpose
Expecting APOLLOTYRE may go down to 88.5 levels within a week
if its Break 96.5 levels
<----Tradersspot---->
#Only Consider for Educational Purpose,Trade at your own risk
The Nifty Auto index was trading 1.17 per cent down at 8487.20 around 09:48 am.
Today Market is so cool Steel and Pharma Sector is bullish note but nifty auto index is 1.17 per cent down it's very clear think Tata Motors (down 3.27 per cent), Maruti Suzuki IndiaNSE -1.96 % (down 1.97 per cent) , Motherson Sumi SystemsNSE -2.40 % (down 1.92 per cent) and Apollo...
1) Bounce with double bottom from long term trendline
2) ok result with good accumulation ; currently at trendline
3) Fundamentally apollo tyre biz should have tailwind of lower rubber and crude cost - trades at 13-P/E
4) High sale of CVs in last 2 years will have stronger replacement demand which will have better margins
