APOLLOAPOLLO
Weekly timeframe
i just shared my experience it is not an invite or recommendation to trade.
if youn any doubt means Please leave comments for any query.
best wishes
DYSON
APOLLO trade ideas
Small Cap Multibagger Defence Stock (Independence Day Pick)Apollo Micro Systems Ltd.
Technically price is moving inside a descending channel forming WXY corrective pattern as wave 4.
As per conventional TA, death cross has formed on 5th August. Further downside is expected.
Fundamentally it is overvalued, so it is underperforming since November 2023.
During last 3 years, the company has been spending aggressively on equipments to cater the increasing demand.
Company is able to maintain healthy profit margin.
Good to accumulate around 70-80 level for the following targets:
Medium term target @ 240 (210% ROI)
Long term target @ 380 (390% ROI)
Do your own due diligence before taking any action.
Peace!!
Apollo Micro Systems - Strong Bullish Momentum (Buy & Hold)Technical Analysis of Apollo Micro Systems (APOLLO)
Overview of the Stock - The chart presents a one-hour timeframe analysis of Apollo Micro Systems (APOLLO) on the NSE. It includes:
My Technical Analysis
Price Action:- The price seems to be in an uptrend, as indicated by the higher highs and higher lows. It's currently testing the 0.5 Fibonacci retracement level, which could act as a support level. A break below this level might indicate a potential reversal.
Moving Average: - The price is above the 200 EMA, suggesting a bullish bias.
Fibonacci Retracement:- The 0.5, 0.618, and 0.786 Fibonacci retracement levels are acting as potential support and resistance areas.
RSI: - The RSI is currently above the 50 level, indicating bullish momentum.
However, it's approaching the overbought zone, which might suggest a potential price correction.
Potential Scenarios - As per technical analysis based on indicators, there are two trend scenarios
Bullish scenario: If the price holds above the 0.5 Fibonacci level and the RSI cools down without entering the overbought zone, the uptrend might continue. The next resistance levels to watch are the 0.618 and 0.786 Fibonacci levels.
Bearish scenario: A break below the 0.5 Fibonacci level could trigger a downside move. The next support level to watch is the 200 EMA.
Trading Ideas (for informational purposes only)
Potential long entry: If the price bounces off the 0.5 Fibonacci level with increased volume, a long position could be considered, with a stop-loss below the recent low.
Potential short entry: If the price breaks below the 0.5 Fibonacci level with high volume, a short position could be considered, with a stop-loss above the recent high.
Remember: This analysis is a snapshot in time, and market conditions can change rapidly. It's crucial to conduct further analysis and consider other factors before making any investment decisions.
Disclaimer: - This analysis is based solely on the provided chart and does not consider fundamental factors. It's essential to conduct thorough research before making any investment decisions as I am not SEBI registered person and this analysis is only for educational purpose
Thanks for your support as always
Apollo Micro Systems making moves in the upward direction. Apollo Micro Systems Ltd. engages in the manufacture of Aerospace and Defence related electronic components and systems. It includes electronic manufacturing, hardware design, information technology and software, electronic, and mechanical services. It also offers space, and transportation solutions.
Apollo Micro Systems Limited (AMS) CMP is 108.89. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years and Company with decreasing Promoter pledge. The Negative aspects of the company are PE higher than Industry PE, Declining Cash Flow from Operations and Companies with weak financials.
Entry can be taken after closing above 109. Targets in the stock will be 112, 118 and 125. The long-term target in the stock will be 133, 140 and 147. Stop loss in the stock should be maintained at Closing below 102 or 93 depending upon your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Apollo future predictions It is a defense sector as our prime minister said after election thay will invest in this sector we can see huge rally in this sector
As we can see in chat that after huge carection it may go all up
apollo micro--sellAs continues weekness appearing in stock once closes below 111 and mid point of bollinger band at 114.40 it could seek lower level as MACD has also generated a sell. Sell and be merry as already stock has achieved 5th wave trg of 124
APOLLO MICRO--apollo micro system which was recommended at 112 (before split) i.e 11.20 now near to our 5th wave target sell all and go home maximum trg 83 already stretched only speculation going on as company need huge capital for its expansion project and management increased its stake at 15 rs per share and wants to go for some equity issue again.
Apollo Micro trendKeep on radar. It might be a breakout candidate, @subhagghosh I request you to validate my view. Please do mention if I am wrong. Thanks
APOLLO MICRO-buyfor short term bounce can buy at present level of rs 46-47 AND SELL NEAR TO 51-52 LEVEL or can buy near to 42 level of 4th WAVE. expected. 5th wave target is near to 65 to 70 .once this 4th wave ends it would be easy to determine 5th wave target. company is expected to make a move for capital as funds are required for ongoing expansion of MISSILES and DRONE development .
Apollo Micro Systems Apollo Micro - Micro cap defense company looks like to cross all time high shortly.
Apollo Micro Systems Ltd is a pioneer in design, development, assembly and testing of electronic and electro mechanical solutions. Company develops and sells high performance mission and time critical solutions to Defence, Space and Home land security for Ministry of Defence, government controlled public sector undertakings and private sectors.
Customer base
The company's customer base include Bharat Dynamics Ltd, Bharat Electronics Ltd, Defence Research and Development Organisation (DRDO), Silica Infotech Pvt Ltd and others.
Buy at CMP 40-42
For a target of 48-58-70
SL - 36
Apollo Micro SystemsBeautiful setup by one of the dark horse of the defense stocks
Rounding bottom and Gann box level BO
Please share and like this idea if you find it helpful
APOLLO medium term view Technicals:
- INHS on the monthly chart
- Strong support of trendline on the weekly chart
- Broke out and retested the neckline of INHS monthly chart
Fundamental:
- Government's outlook is very bullish on the defense sector
- Attractive valuations compared to peers
- Strong order book
Apollo microsystems: strong reversal Apollo microsystem is a potential for a strong reversal from support. Keep it on your radar!!
Apollo Micro Systems - New 52 Week High ( Aerospace & Defence)- New 52 Week High
- Multiyear breakout
- Good volume in last few weeks
- Bullish momentum
- Tracking for short to mid term
*Not recommendation
APOLLO MICRO--BUY ON DIPon weekly chart we have targets of 202,274 and 390 and 507 as per fibo retacement and inverse head and shoulder breakout buy and hold for longs multi multiplier stock company doing very well and likely to report higher GPM and turnover.
DOUBLE YOUR MONEY PART 2NSE:APOLLO broke out from its base in weekly time frame after strong downtrend. Increasing volumes on the bullish side.
WAIT FOR CLOSING TOMORROW TO GET PROPER CANDLE CONFIRMATION ON WEEKLY TIMEFRAME.
Buy 30% position at C.M.P next week and rest after retrace on daily timeframe. Holding time is 1 year+.
Buy more at dips and breakouts as the uptrend continues.
Targets- 300/400/500+
Stop loss below 100 (position size accordingly now and then add more quantity after uptrend is established)
HAPPY TRADING!
APOLLO NSE Apollo Microsystem BullishView above 154APOLLO NSE Apollo Microsystem is bullish if 154 holds. New 52 week High. Reverse Head and Shoulder break.
***** Educational purpose only. Not buy/sell recommendation.
