Apollo Hospitals has emerged as Asia’s foremost integrated healthcare services provider. And has a robust presence across the healthcare ecosystem, including Hospitals, Pharmacies, Primary Care & Diagnostic Clinics, and several retail health models.
The Group also has Telemedicine facilities across several countries, Health Insurance Services, Global Projects Consultancy, Medical Colleges, Medvarsity for E-Learning, Colleges of Nursing and Hospital Management, and a Research Foundation. In addition, ‘ASK Apollo’ – an online consultation portal and Apollo Home Health provide the care continuum.
Technical View on Apollo Hospital
The stock has formed a green bullish candle on the weekly chart. Currently, the stock is trading above it’s 20 and 50 days moving average which gives a positive crossover on the chart.
As we have seen in the above chart both the indicators RSI and Stochastic have given a positive indication on the weekly chart.
Traders can buy Apollo Hospital stock above 1526 levels for an upside movement till 1650 and further to 1700 levels in the coming days/weeks.
Support and stop-loss below 1420 levels on a closing basis.
Trade with levels only.