NSE:APOLLOHOSP Technical Analysis - Price action + Elliot Wave
1.Apollo Hospital is forming Ascending pattern in daily time frame
2.This stock is also following Elliot 5 wave theory.
I have mentioned the levels and stops as per my knowledge. Trade according to your risk and caution. This is not a call, this is only for educational purposes.
Hello, apollo hospital mid term swing trade consider buy above: 3940, target: 4,730, stoploss: 3,640.
LOGIC BEHIND TRADE: Stock has formed w pattern 1d chart & given breakout of swing high resistance, breakout buying strategy (target identified from harmonic xabcd pattern level 0.886) stoploss is taken previous swing low. Risky wisky trade. NSE:APOLLOHOSP
Apollo Hospitals Enterprise Ltd - 24.06.2022
The stock is trading @ 3838 levels
There is a HEAD & SHOULDERS Candle Formation in Daily Chart
The prices are at EMA
Neckline @ 3838, Head @ 3362
There is a HAMMER in Daily Chart
One can initiate a BUY Position @ current levels, with Support @ 3751
Watch out for the price action
Apollo Hospitals Enterprise Ltd - 17.06.2022
The stock is trading @ 3701 levels
There is a STRONG SUPPORT ZONE @ 3555 levels
There is a HAMMER in Daily Chart
The prices are below EMA
The Fib Levels are 3626, 3697, 3768
One can initiate a BUY @ current levels with SUPPORT @ 3626
Watch out for the price action
NSE:APOLLOHOSP
Below 4292 one can short till 4000 +/-
if find support near 4000 +/- one can go long for swing trade.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
The stock is trading in a pattern and getting ready for a trending move after a long consolidation. Trade after a Breakout or Breakdown. Will try to update this idea.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Hello guys, trade with caution in these volatile market.
Apollo hospital seems to have corrected for now and has taken support on the trendline, going long from here looks like a good trade but with considerable stoploss.
We are also anticipating the breakout of the triangle formation.
Best buy - 4220
Buy above - 4550
Targets mentioned in the chart...
Apollo Hospital is breaking down the bearish flag and may test lower marked targets on the chart in coming sesisons.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Apollo Hospital is looking weak for marked targets on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
5200 is a good support zone on the basis of demand & supply and option chain data . on 5200 strike price a significant put writing & put call ratio is very high so its high probability that apollohospital make bottom in this zone.
I hope you can now see how ApolloHosp represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
Apollo Hospital made a new all-time high and closed near that level. Buy Apollo Hospital if sustains above 5135 for the upper targets marked on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The stock has shown a good run and looking tired now.
There is also divergence in RSI and MACD on a daily time frame, It stock breaks the highlighted support zone, lower marked targets are expected to come.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The stock is taking is following the channel for a pretty long time and on the verge of breaking this. If it sustains below today's low, may test marked levels on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
