APOLLOHOSP - Bullish Swing ReversalNSE: APOLLOHOSP is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
APOLLOHOSP trade ideas
Apollo Hospitals_buy above 4222 stop loss 4150Apollo Hospitals Enterprise Limited
buy above 4222 stop loss 4150
long teram target 4343*4418*4480*4620*4750*4890*5000*
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Apollo hospital The price has closed strong at resistance, if not sustain above and forms a negative candle below 4260 gives a good sell point for a target of 4193 & 4100 and a good buy above 4285 for a target price of 4350 which is of 65 points.
Trade wisely at your own risk,
Good luck, Jai Hind 🇮🇳
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