Apollo Hospitals looking good to sell @ 4595 - 4600 for the marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Chart -> Apollo Hospital Weekly
An inverse head and shoulder breakout in Apollo Hospital.
CMP: 4789
Targets: 5200, 5850
Good range: Around 4600
SL: 4400 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
NSE:APOLLOHOSP Technical Analysis - Price action + Elliot Wave
1.Apollo Hospital is forming Ascending pattern in daily time frame
2.This stock is also following Elliot 5 wave theory.
I have mentioned the levels and stops as per my knowledge. Trade according to your risk and caution. This is not a call, this is only for educational purposes.
-Daily TF (Left) Triangle breakout failed RSI divergence (Bearish) High volume candle of sellers not letting price close above it, Lower High formation
-Hourly TF (Right) Double top Formation at breakout Pivot Support at 4312
Apollo hospital has given good Breakout on daily chart at 3945
the previous trend from 26th may to 31st may has build good bullish position into the counter. Today's move may be considered as follow up move to that move.
There is no resistance on daily chart until 4400
earlier the fall of 22th Apr to 13th May has not given the follow through move so bears are...
Hello, apollo hospital mid term swing trade consider buy above: 3940, target: 4,730, stoploss: 3,640.
LOGIC BEHIND TRADE: Stock has formed w pattern 1d chart & given breakout of swing high resistance, breakout buying strategy (target identified from harmonic xabcd pattern level 0.886) stoploss is taken previous swing low. Risky wisky trade. NSE:APOLLOHOSP
After a prolonged stage 1 we see that the stock gave a rectangular box breakout and then formed a downward sloping channel post which we saw the stage 2 monstrous move.
Now as they say "GOOD TIMES COME TO AN END" same is with the stock entering into stage 3 and stage 4..!!! The chart analysis is based on STAN WIENSTIEN's book. and is done on a weekly...
Apollo Hospitals Enterprise Ltd - 24.06.2022
The stock is trading @ 3838 levels
There is a HEAD & SHOULDERS Candle Formation in Daily Chart
The prices are at EMA
Neckline @ 3838, Head @ 3362
There is a HAMMER in Daily Chart
One can initiate a BUY Position @ current levels, with Support @ 3751
Watch out for the price action
Apollo Hospitals Enterprise Ltd - 17.06.2022
The stock is trading @ 3701 levels
There is a STRONG SUPPORT ZONE @ 3555 levels
There is a HAMMER in Daily Chart
The prices are below EMA
The Fib Levels are 3626, 3697, 3768
One can initiate a BUY @ current levels with SUPPORT @ 3626
Watch out for the price action
Key Level: 4475 & 5013
Apollo hospital had completed Impulsive wave ((3)) at 5935 and started corrective wave ((4)).
If the price breaks the H-line , traders can sell for the following target: 4437 - 4356 - 4239 below. These are the price levels where the price can u-turn for an impulsive wave ((5)).
A corrective wave is the construction of a three-wave...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
The stock is trading in a pattern and getting ready for a trending move after a long consolidation. Trade after a Breakout or Breakdown. Will try to update this idea.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Currently trading at 20% discount from all time High levels.
Apollo Hospitals (TF=W)
1. Rising Trendline
2. Taking Support at 50 DEMA
Apollo Hospitals (TF=D)
1. Constantly making support at Rising Trendline
2. Consolidation and Accumulation going on at 200 DEMA and Rising Trendline.
3. Less volumes during Accumulation Phase
4. Has given the Breakout with...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
