Apollohospital
APOLLOHOSPITAL: ALGO SELL SIGNALHOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
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
HOW APOLLO HOSP GAVE EASY 1 % ALL THE BLUE LINES WERE PREVIOUS MARKED RSS AND SUPPORT
STOCK MOVEMENT WAS WEAK FOR the FIRST HOUR, SO TAKE SELL CALL
CONTINOUS DOWN MOVE MADE NO CHANCE TO ENTER PERFECTLY
THEN IT CONSOLIDATED FOR A WHILE, TOOK FIBO RSS AND BOOK BROKE FIBO AND SUPPORT
AND THAT IS WHEN I SHORT SOLD FOR EASY RETURN TILL NEXT SUPPORT
Super Bullish just above All Time HighThese are the trades one should never miss. Price formed a symmetric triangle pattern and it breaks up and met target in a month. Formed a Flag pattern and exactly retested the previous high levels and within one week time it breaks the All time high and closes above strongly.
2100+ is the target for this pattern and we hope for the best.
Note : Never enter Long in between a pattern, always look for entry at the support level or wait for the breakout and sclap.