Please refer to chart for the analysis .
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@Note : Not responsible for any loss / damage ,refer to your analysis/stock analyst before initializing
HOW 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...
Hello Traders
apollo hospital charts looking strong Good upside from cmp 2120-2125
View negative if break 2090 on down side
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
We were bearish in the previous idea, the scrip reached the targets and now it has caught bullish momentum. Now, the scrip seems to be bullish for mentioned three targets in the chart.
See previous idea, link below.
Regards
The scrip is moving in a bearish channel, we could get see opportunity around 2185 levels, for further target of 2090, the rejection around 2185 will give confirmation for the move, once sustains above 2190 the trade will become invalid.
Regards
#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
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
