Reason for Buy
1. Price grabbed all stoplosses/ liquidity below old swing points
2. Price reached a previous weekly resistance turned support
3. Price not able to make lower lows in 1 hour
4. price making bullish orderblocks
5. price is making a w pattern in 1 hour
*********Enter at your own risk ***************
Entry = Current market price
Tight Sl at =...
Apollo hospital breaking W pattern neck line find a buying opportunity near about 6320-6340
Then we will get target around 6870-6980
Stop loss 6100
Hold Duration till April 20
In January 2024, the stock cleared its previous all time high, suggesting continuation of the up-move since low of 3361.
Prices have currently retraced back to the breakout level.
The corrections in the ongoing up-move have found support at the 50% FR level, which is at 5800.
Hence, the stock is expected to find support around current levels, and continue...
APOLLO HOSPITAL AT ATH RETRACEMENT ZONE
fundamentally strong
technically at ATH retracement zone
for mid term stock.
Health care going to be improved in India and this is the main stock to benefit.
it is a growth stock
as per valuation little high as per PE and PB multiple.
After years of rallying up, then it turns to a fall forming a double top pattern. When we draw from the high point to the low point using Fibonacci retracement, I believe it reaches the 0.5 Fibonacci retracement level and continues the fall. After reaching this level, confirm and make an entry
"One reason for the fall is because there are ongoing court issues...
We can see a strong breakout on monthly basis in " Apollo Hospitals ". The current monthly candle is undergoing a retracement to test the level of breakout. If the breakout is genuine, after retracement, there will be signs of bullish reversal. This indicates that the current trend is about to continue and for that I've used the ABCD pattern of Harmonics to find...
Apollo Hospitals Strong Break Out
Bullish
Good Volume
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
