Chart Idea – Apollo Hospital (Symbol – APOLLOHOSP)
Technical Analysis:- The stock has formed a bullish hammer candle on the weekly chart. And 4, 3 super trend lines are also lying which is also providing bullish signal, and Stock RSI oscillator showing positive buying in it. The stock has its support at 2880 and resistance at 3300 levels. If price break and sustain above 3080 will take it to 3300+++ levels in days to come. More and more power we will see above 3300 levels.
Based on the weekly chart and study, traders and investors can go for buy above 3080 for target looks 3300. Stop loss below 2880.
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