APOLLOHOSP trade ideas
APOLLO HOSPNote:
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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.
Apollo Hospitals - Resistance Breakout ViewApolloHospitals:
Need to sustain resistance breakout
Long above 3216 with a SL 3188
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 Hospital Falling wedgeBreakout above will be good buy opportunity.
Currently in waiting zone.
Flag breakout in Apollo hospital1st target is according to 1:2 Risk Riward
2nd target is basic target for flag pattern on basis of pole.
place SL below breakout candle on closing basis
Apollo Hospitals Triangle BreakoutApollo Hospitals has broken out from the triangle pattern.
Took support from 50EMA. Taking support from 50EMA since July 2020.
May cross All Time High of 3264.
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Happy Trading!
APOLLOHOSP: Looks like breakout may happen above given level!!!Analysed levels mentioned on chart!!!
Regards MrAkshatP
