EWT: Apollo hospital Is Preparing For The Last Corrective MoveKey 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 and evidence of an impending impulsive wave.
Traders can also initiate a long setup only in price breaks the impulsive channel. I will upload a long trade setup after the accomplishment of wave ((4)).
APOLLOHOSP
YR 2022 Idea #43: Long on APOLLOHOSP 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. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
APOLLO HOSPITAL PREPARING FOR A TRENDING MOVEThe 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
Apollo Hospitals 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 good volumes
5. Also, Upper band of Bollinger band has been challenged (candle of 28 Feb 22)
6. Can be added after retesting for the first target of 5070 and further more.
APOLLO HOSPITALS - Short term swing ideaChart 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.
Apollohosp - Potential swing tradeHello guys, trade with caution in these volatile market.
Apollo hospital seems to have corrected for now and has taken support on the trendline, going long from here looks like a good trade but with considerable stoploss.
We are also anticipating the breakout of the triangle formation.
Best buy - 4220
Buy above - 4550
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
ApolloHosp LongI 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 the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
#FORTIS CMP236 #Target254 #PMModi #ModiSpeech #Pharma #CNXPharmaDaily Chart
#FORTIS
NSE: FORTIS
Short Term Quick Profit
CMP 236
Target : 254
SL : 226
Timeframe < 30 Days
Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
APOLLO HOSPITAL LOOKING WEAKThe stock has shown a good run and looking tired now.
There is also divergence in RSI and MACD on a daily time frame, It stock breaks the highlighted support zone, lower marked targets are expected to come.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team