Apollo
Apollo Tyres Breaks on Looks bearish and could retrace back to 149-147 levels.
Points Noted on Daily Chart:
1. Bearish Pattern Forming
2. Resistance
3, Increasing price with low volume, bearish indicator
Apollo Hospital - SELLThree big reasons on my personal views
1. Bearish Sandwich candlestick pattern
2. RSI Divergence
3. Long Term Bearish Trend Structure Formation on weekly chart
Apollo Hospital at Emergency Short After a long upward move, now profit booking can be seen and weakness in the price action. It is a good time to short this stock due to strong confirmation of the below mentioned points,
1. Doji candlestick at previous resistance shows weakness
2. AO Over bought area
3. Bearish Cypher Pattern
