Apollo Hospital has reacted from the pro gap with a bullish candle (engulfing pattern) and taking off from EMA 8 in DTF.
Entry to be taken at breakout of the Pro gap >= 4390
Stop Loss near = 4260
Target 1 = 4771 ( P/L 2.5:1)
With other targets as marked in the chart.
NSE:APOLLOHOSP
The investment is short term.
The predicted movement of the Apollo Hospital based on the trendline analysis over the Daily Time Frame chart , it seems to wait till there is a breakdown or breakout before taking any decision. As off today when Indices are falling steeply Apollo has shown consistency.
Still needs to wait.
