Apollohospital
Apollo Hospitals Trade Setup for Tuesday 28th July 2020Apollo is strong on buying side and taking good support from the trend line. Look for the buying opportunity near the trend line of above the Orange trend line. 1st Target is 1st Blue line, 2nd target is 2nd blue line and 3rd target is long up to the channel above.
Note : All charts are educational purpose only. Please do your analysis before going into trade.
Apollo hospital short entry taken Apollo hospital share can be short below the level of 1436 for the next target of 1420 & 1415. Very good pull back has been . Now it's chance to take the better entry in the stock. stock is now trading below the level of 50 EMA & RSI is also below 40. KEEP SL 1445
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Apollo hospital to be taken for long entryApollo hospital share is no very bullish mode. The stock is on uptrend . In today's session the daily breakout level of 1424 has been completed & also the second BO of 1435 is also done. Now the stock is trading above the 50 EMA & ready to touch the level of 1470 as marked in the chart. Once stock cross the level of 1475 more strength can be seen in the stock. So add the stock in your watch list to see the price action. Long entry can be taken above the 1440 level .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Apollo hospital short entry taken This is to share the trade taken on Apollo hospital today. During the first instance we are waiting for the break out from the trend line and as well as the higher resist. level to go long. This trade is to be taken as day trade on the charts of 15 minutes but no candle has closed above the break out level & Rejected immediately & went till 1358. We were waiting for the pull back entry as shown in the charts. Luckily we have short @ 1376 & out from the trade just above the support level of 1351. in this trade our SL level as shown is 1383 & our risk to reward is very good. our all members in profit today.
This is pure technical educational ideas shared with all of you to increase your knowledge ....In case any doubt feel free ask.
APPOLO HOSPITAL IS READY TO SHORT FLY SEE YOURSELF !!Hi Traders /Investors,
One of my followers , requested to put some light on the movement of this stock. So here is for you and most traders , investors who are the part of this stock or interested to trade and invest. See first what is going on in this stock for long term structure basically this is now making range lower side has already been made now it is finding its upper side. From where when it will give break then boom in next phase. Range means accumulation of long term move . It will take few months to complete this process . So for investors it is not right time to invest in this stock .Therefore, investor should wait . Now come to traders , I made red color channel In last trade it took support of lower end of support zone and crossed small upper zone It means it is ready to go up to white upper band of zone. But with condition since in last session made big candle which disturb risk reward ratio better wait price to come in small red zone then take buy position with the sl of big candle low. This would be good strategy. On breaching lower channel lower line is ok if price gets back to channel in next 30 mins if not then long should be covered. Lower red zone is taken out then trend will change to down. No long till price come in small zone. In any case next session price move up without coming to small zone then let it go no long please. Many followers are writings how inspite of given conditions , they get trapped into emotional trades . I appreciate their sharing because other co-traders will learn from their mistakes. That how trading can be adopted.
YOGESH VATS
Note. All trading and investing should be done with the consultation of your financial planner. Not on my sharing . I can be wrong.