Hello Friends,
Here we had analyzed the chart of the stock Apollo Hospitals which is convincing bearish bias aligned with price action breaking down trendline along with good intensity of volumes on daily time frame, supporting same view by trend indicators like macd, rsi, bollinger bands, dmi adx and Elliot waves. As per Elliot wave structure it is clearly in...
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
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
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.
NSE:APOLLOHOSP
at resistance.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
The stock looks weak below 2550 for the targets of 2450 and 2300 until 2680 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The stock is trading in the wedge for since long and we may see rejection again near the 2710 level. Sell when there is a price rejection on 15 mins time frame with the SL of 2735 if for the target of 2600.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
