Swing trade for 8-12% returnBuy on closing above 3280 on daily basis for for approximately Target-3600...with StopLoss-3170
((Risk/Reward-1:3))
~only for educational purpose~
Pls do comment if you have any query
Apollohospital
Apollo Hospitals EnterpriseDaily Chart Pattern
Positive Volume Buildup
Nice Base formation
Breakout Candidate
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Apollo Hospital FuturesApollo Hospitals Futures
LTP - 3272.80
Resistance - 3308.95
Support - 3046.80
Daily charts (long term)
100 DEMA, 50 DEMA, 20 DEMA, 10 DEMA, 5 DEMA are arranged in a bullish pattern.
Volume is in green with good momentum.
MACD is bullish.
RSI is bullish.
Hour charts (medium to long term)
Clear uptrend is seen.
DEMA are aligned in a bullish pattern but 5 DEMA is going sideways which means we might see a small correction.
MACD is in the bullish zone but is going sideways.
RSI has attempted a double bottom which is a strong bullish pattern.
Divergence has a bear sign but looks like it has failed so we will not consider it.
15m (Intraday)
5 DEMA is having a bullish crossover in the last candle.
MACD is in the bull zone with a sideways trend but the red candle are fading which is a good sign.
RSI has made a bullish reversal at 50 levels.
Overview: This script is trading very close to it's breakout level which is 3308.95 with a strong bullish chart.
APOLLO HOSPNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Apollo: Covid or no Covid, BUY at Rs 1625Hospitals should be the best industry in these COVID Times.
But Surprisingly Apollo was 1800 on Mar 1st and touched a low of 1080 and now it is 1650.
Third listed Hospital is entering the scene after Apollo, Fortiss and now its Max.
at the current price still it looks little rich, I would go long around 1625.
Apolo hospital Apolo hospital has given breakout and retested the level . It Can give good upmove. Ti.eframe is daily . Might be a fake breakout just need to have good volume then only take position. breM
Apollo Hospitals - correction may be overApollo Hospitals seems to have completed a W-X- Y correction, there are other ways to label the correction but that leads to the same conclusion - indicating a resumption of the uptrend. Look to enter on strength above 3040 levels expecting new highs
APOLLO Hospitals ascending triangle breakout at hourly tfAPOLLO Hospitals ascending triangle breakout at hourly tf
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Apollo Hospital | Triangle BreakoutOn 1hr timeframe it has given breakout from descending triangle
Buy @3060
Target 3260
Stop loss 2960
Apollo Hospital Found "Tweezer Top"Tweezer Top Identified
Sell On Any Rise To 3020-3050
Strict SL - 3182 (WCB Or DCB)
Target - 2650/2500
DCB means, if apollo hospital breaks and close above 3182 till wednesday than treat this sl as daily closing basis.
If apollo hospital breaks and close above 3182 on thursday, than wait for friday's closing.
Round Bottom & Cup with handle formationApollo hospital is showing Round bottom on hourly time frame, this may lead to Break out on the upside or slight pull back for cup with handle formation. In any case there may be breakout and we can see Apollo hospital crossing 3000
Apollo Hospital 200 Points TradeThe stock is trading near support and if it breaks the level may travel towards 2730 else we may see bounce towards 3130.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
