Apollohospital
Apollo hospital in bullish TrendOn daily chart of Apollo hospital we can seen the stock in bullish mode. The entry can be taken above 1365 in next trading and next major Resistance zone for stock is 1380, if stock is able to sustain above 1380 then the Target of 1400 could be achieved very easily. 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. The idea sharing is for educational purpose only. in case any suggestion advice required feel free ask .kindly follow for more educational ideas.
Apollo Hospital Elliott wave Trading PredictionApollo hospital entire price pattern is corrective and price is trading in wave (b) and price moving in proper channel. Price has facing support at 1255, any break of this level 1255 will take price towards lower channel line near 1200 level to complete 'e" wave of wave (b). After that price can move towards 1550 level in (c) wave.
Footsteps of APOLLO HOSPITALS and Rhythm.A parallel drawn support and resistance line. Remarkable point: this stock always been seen in a Rhythm . if Rhythm holds the same, then definitely Investors will take a step between 1038-1008. Final support is at 924 if breakdown 1000 below or closed.
The point to be marked: Whenever there is a change in normal / avg. volume , stock takes U-turn which is positive for long sider.
Suppose to investors take their step to enter in it, then normal target 1183 and 1249 nearby .
--> Before take an entry, you must look at the 30min chart. If possible I will update it shortly.