Once the support of 1351.15 will be broken then there will be a bearish signal and breaking of 1343 level will be the confirmation bearish signal.So,one can take short position in Apollo Hospitals with a target of 1293.85 & stop loss can be kept according to your risk appetite.
As from past 7 days Nifty is showing bearish behaviour. If Nifty Continues this,then the first support will be at Rs.11225.96 and if break it too,then the second support will be at Rs.10993.30 and it's all time support is
at Rs.10586.19 and if Nifty shows a bullish behaviour then the resistance is at Rs.11762.07.
As from past 7 days Nifty is showing bearish behaviour. If Nifty Continues this,then the first support will be at Rs.11225.96 and if break it too,then the second support will be at Rs.10993.30 and it's all time support is
at Rs.10586.19 and if Nifty shows a bullish behaviour then the resistance is at Rs.11762.07.
