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 trade ideas
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.
APOLLO MICRO -longsmonthly and daily chart showing inverse head and shoulder pattern elliot wave target are marked for every one .buy as broke out of 132.50 day range today ,once crosses 149 will show real power
apollo microsystemcomming out of hibernation in monthly as well as daily chart inverse head and shoulder pattern showing long target as shown in chart
apollo microsystem breakoutinverse head and shoulder pattern trg 164 in the long term trg of 350 to 400
APOLLO MICROS SYSTEFollowing Rounding bottom pattern
If resistance breakout above the pattern from consolidation
Correct me if i am wrong (NFA)
Appolo micro long possition inisiateAppolo micro long possition inisiate for long term investment pick .
Ipo time high:- 480 and low 35 , good risk rewards ratio .
Technical trend reversal seen in chart , tringal brekout seen in short time .
APOLLO MICRO SYSTEM This analysis is done at the request of a well wisher.
Yes, the overall index is weak but here is a defense stock with a huge pipeline orders.
Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD crossover and if it starts this upward journey then it would also form the completion of Inverted Head and Shoulders pattern.
The Risk Reward Ratio is very healthy.
Strict Stop loss.
apollo- buy above 98highly oversold as suggested by RSI AND MACD, buy once crosses 98 as this might be end of wave c
APOLLO MICRO SYSTEMS APOLLO MICRO SYSTEMS
CRITICAL LEVEL IF IT BREAKS SELL IT
OR HOLD OR BUY IT IT CROSS THE 47.35 LEVEL
