Apollo Micro Systems, a 40-year-old Hyderabad-based company led by B. Karunakar Reddy, has grown into a major player in India's defence and space sector. This publicly traded firm, with 350 employees including 150 engineers, prioritizes R&D and homegrown technologies, serving Defence and Space departments. To capitalize on the rising demand for indigenous defence...
BUY - APOLLO MICRO SYSTEMS
CMP - Rs. 33
Target - 1: Rs. 46
Target - 2: Rs. 58
Target - 3: Rs. 72
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Technicals - Cup and Handle Pattern BO
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This is just a view by an expert analyst, please invest at your own risk.
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NSE:APOLLO
ROUNDING BOTTOM PERTEN
Apolllo micro system has Attempt second time break the rounding bottom formation
> 1st time stock has attempt dec 2021 @level 154/- but unfortunate fizzle out with making a just high 190.90
today stock has break the resistance of 190.90 on daily chart / expect the stock has close above 190.90
as per daily chart 1st...
Apollo micro system is currently breaking out with huge volume on daily chart frame.
Current P/E Stand around 38 buying can be seen at Retesting level.
Keep an eye on Retesting at provided level as soon as u see the big green candle at Retesting zone we can make long trade keeping small stop loss.
My views are bullish on it..
Note : This is just an...
