APOLLOHOSP trade ideas
APOLLOHOSP - SHORT SETUPBearish Engulfing Pattern formed. It can retrace upto fibonacci levels - 78.6, 61.8 %
HOW APOLLO HOSP GAVE EASY 1 % ALL THE BLUE LINES WERE PREVIOUS MARKED RSS AND SUPPORT
STOCK MOVEMENT WAS WEAK FOR the FIRST HOUR, SO TAKE SELL CALL
CONTINOUS DOWN MOVE MADE NO CHANCE TO ENTER PERFECTLY
THEN IT CONSOLIDATED FOR A WHILE, TOOK FIBO RSS AND BOOK BROKE FIBO AND SUPPORT
AND THAT IS WHEN I SHORT SOLD FOR EASY RETURN TILL NEXT SUPPORT
Bearish WW (Apollohosp)Stock has been rallying since a long time. A correction move is highly possible
Super Bullish just above All Time HighThese are the trades one should never miss. Price formed a symmetric triangle pattern and it breaks up and met target in a month. Formed a Flag pattern and exactly retested the previous high levels and within one week time it breaks the All time high and closes above strongly.
2100+ is the target for this pattern and we hope for the best.
Note : Never enter Long in between a pattern, always look for entry at the support level or wait for the breakout and sclap.
TWO PROFITABLE TRADE IN ONE DAY IN ONE SCRIPT1.THE DOJI CANDLE STRATEGY AND
2. THE FIBO STRATEGY
.
A BUY WAS GIVEN AT 12.17 AT 2002 IT WENT AND GAVE EASY 1 %
A SECOND BUY WAS GIVEN AFTER FIBO SUPPORT
most simple setup but ignored as market was much down-a buy confirmation was there but market -(24-9-2020) was not in favour , it was 1 % down already
simple strategy with with simple price action thoughy
HIGH AND LOW OF FIRST CANDLE IS NOT THE SECRET
Educational - Opening range breakout trade in ApollohospOpening range breakout trade can be entered into when:
1. Volume expansion is clearly visible
2. Rsi is rising
3. ATR rising
4. Price decisively closed above R1.
Exit points can be pivot points , or nearby resistances, or can be held onto day end
#APOLLOHOSPITAL CASH - SELLING ZONE 1800-1813#APOLLOHOSPITAL CASH - POSITIONAL
22.09.2020
SELLING ZONE AROUND 1800-1813
STOPLOSS 1845
TARGET 1700-1715
CMP 1789.15
Breakout of resistance in APOLLOHOSPBreakout of resistance in APOLLOHOSP.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Apollohosp View for 22nd Sep 2020These levels are derived from the technical analysis purely based on price action.
APOLLO HOSPITAL NEXT MOVE?Apollo Hospital is stretched so much
there could be a double top or head and shoulder pattern
and it could retrace back upto 1720 or if it remains bullish there will be a double bottom at 1800 level and u can target 1stly the swing high of last day
and if it taken out trail ur sl and take it to positional! if u want.
