APOLLO HOSPITAL BREAKING THE CHANNELThe stock is taking is following the channel for a pretty long time and on the verge of breaking this. If it sustains below today's low, may test marked levels on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
APOLLOHOSP
Intraday Trade:watch for Trendline breakoutbuy above 3470 in Intraday
keep stoploss below 3440
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
APOLLO HOSPITAL NEAR SUPPORT | 2900 OR 3400?The stock takes support from a lower trend line every time, let's see it see a bounce again or it would be breaking downside. Please follow the chart for levels.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Apollo Hospital FuturesApollo Hospitals Futures
LTP - 3272.80
Resistance - 3308.95
Support - 3046.80
Daily charts (long term)
100 DEMA, 50 DEMA, 20 DEMA, 10 DEMA, 5 DEMA are arranged in a bullish pattern.
Volume is in green with good momentum.
MACD is bullish.
RSI is bullish.
Hour charts (medium to long term)
Clear uptrend is seen.
DEMA are aligned in a bullish pattern but 5 DEMA is going sideways which means we might see a small correction.
MACD is in the bullish zone but is going sideways.
RSI has attempted a double bottom which is a strong bullish pattern.
Divergence has a bear sign but looks like it has failed so we will not consider it.
15m (Intraday)
5 DEMA is having a bullish crossover in the last candle.
MACD is in the bull zone with a sideways trend but the red candle are fading which is a good sign.
RSI has made a bullish reversal at 50 levels.
Overview: This script is trading very close to it's breakout level which is 3308.95 with a strong bullish chart.
Apollo Hospitals Triangle BreakoutApollo Hospitals has broken out from the triangle pattern.
Took support from 50EMA. Taking support from 50EMA since July 2020.
May cross All Time High of 3264.
Please like the post if you find it useful and also comment your suggestions if you have any. Thank You.
Happy Trading!
Apollo Hospital Found "Tweezer Top"Tweezer Top Identified
Sell On Any Rise To 3020-3050
Strict SL - 3182 (WCB Or DCB)
Target - 2650/2500
DCB means, if apollo hospital breaks and close above 3182 till wednesday than treat this sl as daily closing basis.
If apollo hospital breaks and close above 3182 on thursday, than wait for friday's closing.
Apollo Hospitals#ApolloHospitals - 2 possibilities see here...
either it will break current triangle and then fall from Orange Trendline as fake out and pull back for trendline...
or it may continue breakout move and go higher.. need to watch around Orange line decision point...
Short below 2242 and Fresh Buy only above 2280
APOLLOHOSP SELL 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 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 products 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.