Chart well illustrated.
Apollo Hospitals CMP - 1232.05 SL and Target marked on the chart. Reason - It's in downtrend, and trend continuation is what I follow as it provides a good R.R.R. ( in this case 1:4 ) Here, prices have trended down, consolidated, can be expected to move down more.
Pin bar + Support = Long Good risk reward. Stop loss - Pin bar low + Cushion = 865 Target - Resistance - Cushion = 950
CMP - 487 Target - Ride it Sl - 482.5