APOLLOHOSP has demonstrated positive RSI divergence on daily chart along with downward-sloping trendline breakout. Price to accelerate upwards once RSI crosses 50 level. Expect short-term target level of 1050-1060.
TATAMOTORS is trading in a downward sloping channel & is moving towards its upper channel resistance. On a shorter-term frame, it is forming rising wedge. Even though rising wedge is a bearish pattern, by looking at the structure it looks like upside breakout is on the cards which will take the stock towards its channel resistance.