The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
Trend: In order to qualify as a continuation pattern, an...
Apollo Hospital has reacted from the pro gap with a bullish candle (engulfing pattern) and taking off from EMA 8 in DTF.
Entry to be taken at breakout of the Pro gap >= 4390
Stop Loss near = 4260
Target 1 = 4771 ( P/L 2.5:1)
With other targets as marked in the chart.
NSE:APOLLOHOSP
The investment is short term.
NSE:APOLLOHOSP
#NSE:APOLLOHOSP trading in parallel channel @ trendline support.
Keep In your watchlist....
As Told earlier, I'm not sharing the ideas on regular basis in TV.
Few ideas shared earlier attached, scroll down to check....
ATB, Happy LEarning !!
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
Apollo Hospital looking good above 4650/- as it is currently trading around multiple supports as drawn in the chart.
SL can be 4500/- on closing basis and shall target minimum 1:2 RR.
Apollo hospital breakout observed with volume.
Already published target... and analysis for apollo
Target expected 5159.
expecting more volume to get added today.
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.
APOLLO HOSPITAL Inverted Head and Shoulders Keep in Watch List NSE:APOLLOHOSP
VERDICT APOLLO HOSPITAL
Inverted Head and Shoulders
Keep in Watch List
Only For Study Purpose
NSE:APOLLOHOSP
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
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
NSE:APOLLOHOSP
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
