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Apollohospitalsell

APOLLOHOSP--Near it's trendline??The stock is trending upwards... facing resistance in the zone 5300. if we see on bottom side..price has taken the support from 4900... price is also near its trendline...taking the support of trendline will not able to sustain above 5300 zone.. if price falls below the trendline..with a small retest to trendline,it will fall until 4900 range only... until price breaks this zone @4900,don't go for short... it will come back for retracement then will go for sell side...
NSE:APOLLOHOSP
by IIT-Trader
APOLLOHOSP--Demand Zone @4355??Observations:: --------->> The stock is trending upwards in daily time frame. --------->> Previous resistance is broken but failed to close above levels, results in selling pressure towards downside. -------->> we have a demand zone @4360 levels. where previously strong buy ness is observed. If price breaks this level we have a support @4340 levels. --------->> if this zones acts as a support, a strong rise towards upside is possible. If price breaks resistance @4680 range we have next resistance placed @4800 range. if price comes back to this place we will go for buy @4200-4240 . Keep track this levels.
NSE:APOLLOHOSPLong
by IIT-Trader