Earlier we recommended buying in Apollo hospital around 1230 for the upside target of 1300+ we achieved it successfully.
Now what to expect??
Apollo Hospital has support at 1240 and resistance at 1265. Break and sustain above 1265 will take it to 1290--1300 and then to 1330+ mark in days to come. So traders don’t go for aggressive selling in nickel. Try to get an opportunity to buy above 1265.
Apollo Hospital is in bottom out formation pattern while oscillator MACD and RSI too indicating positive diversion on charts along with it 21 and 55 DEMA stood at 1250 and 1267.00 respectively.
Trading Recommednation
Buy Apollo Hospital above 1265 with stop loss below 1240 for the upside target of 1290--1300 and then to 1300++ mark .
