APOLLOHOSP trade ideas
How we traded with wave Principle Friends , You have seen often that all of My charts represents the wave Principle ,
I use wave Principle to forecast and take high confidence trade in my trading room ,
we made again a very Good and Amazing profitable trade for this scrip ,
We took position form 1590 and we booked 1865 , making an Profit of 275 points per Future lot ,
One can view the identification of pattern and can take note of it ,
in case if you see any such visual patterns you can look to meet
the Fibonacci level to take up the high confidence trade
Good luck
i am attaching my private chart one can play to see the target reaching ,
[Intraday] Apollo Hospital Short IdeaIts a "late post". So please wait for a better entry. The scrip is too strong; So high chance you will get re-entry. I will keep the SL at day's high with some points. (Day high can get SL hunted.)
Apollo Hospitals BreakoutFalling wedge Breakout....Can enter long with ATH as first Target(1800 levels)
APOLLO HOSP - BUYBUY GENERATION ON BREAKING OF NECKLINE OF ASCENDING TRIANGLE
disclaimer - for study purpose only
CUP AND HANDLE FORMATION IN APOLLO HOSPITAL DAILY CHARTApollo Hospital has formed cup and handle price pattern on daily chart with prior up trend, the formation of cup has been started from Feb 2020 and completed in Aug 2020 after that it has been trading in range to form handle of cup and handle price pattern.
The handle has been supported by trendline as is it has been also trading in channel formation and now as it is near to break the channel it has been great opportunities for traders and investors to take position in APOLLO HOSPITAL.
On Daily Chart, ADX line is at 23 levels and +DI that is green line has given bullish crossover which is strong bullish signal for short term.
Also RSI has given trend line breakout and strength has been there in Apollo Hospital.
So save your investment for Apollo Hospital as this will be great opportunity
Apollo Hospitals - Long NSE:APOLLOHOSP
Apollo Hospitals LTP 1682/-Rs
Cup with handle Pattern breakout at 1798/-Rs
MACD Signal 8.70 Turning to positive ADX 19.30 Mildly Bearish
Volume Trend is supporting Can expect a Target Price of 1850/-Rs Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell Recommendations
Financial Interest - Yes
apollo hosp for buy apollo hosp has taken breakout from bearish channel with great volume and momentum.
looks strong for short term for the tgt 1705,1750
Apollo hospital short entry taken Apollo short entry can be taken after the BD of TL As well as Weekly Support below the level of 1550 TGT 1500-1475 SL 1595. This will provide us double confirmation.
Always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
Long Apollo HospitalsRisk : Reward = 1:2
Buy 1700
Stop 1660
Target 1790
Disclaimer
Do your own analysis before taking up anything, this is my personal view not recomendation
Positional trade - By above 1709Positional trade - Buy above 1709
1. Short term trend breakout in 4h chart.
2. 1 hour candle closed above 4h breakout candle.
Buy above the high of 1h candle that closed above 4h breakout candle.
Buy above 1709
Target 1 - 1740
Target 2 - 1790
Stop loss - 1650
