This is way faster than I had thought. At 3170.
#APOLLOHOSP @ 2110 - Long Term Chart.
— Piyush Chaudhry (@piyushchaudhry) November 12, 2020
I see a fair possibility of the stock rising to 3500-5000 zone over next few years and an open possibility of the next zone of 5000-7500 as well.
Invalidation on break below Blue TL. pic.twitter.com/QJ5aY4eTT8
More from Piyush Chaudhry
In such a case, H&S can be either a continuation pattern or compound fulcrum.
This is how to differentiate:
• if right shoulder is smaller than left, most likely a continuation H&S
• if right is same or higher than left, and the price is not coming to neckline, most likely CF
This is how to differentiate:
• if right shoulder is smaller than left, most likely a continuation H&S
• if right is same or higher than left, and the price is not coming to neckline, most likely CF
sir a doubt does head & shoulders work in down trend ? pic.twitter.com/dytYmbzOfp
— Vega_Greek (@VegaGreek) May 13, 2021
More from Apollohospitals
Almost 3 months taken.
Apollo Hospitals 2915 to 3450, near target.
SL of just 2.5% was not breached for 3 months, imagine the strength in this counter since then.
Net returns nearly 20% in 3 months.
Apollo Hospitals 2915 to 3450, near target.
SL of just 2.5% was not breached for 3 months, imagine the strength in this counter since then.
Net returns nearly 20% in 3 months.
Apollo Hospitals
— Prem Doshi \U0001f1ee\U0001f1f3 (@StocksResearch) April 5, 2021
CMP 2915
SL of 2840
Target 3500+
Covid wave 2 causing a sharp rally in diagnostic lab stocks, should spill over to hospital stocks too, apollo the only F&O stock in hospital sector. pic.twitter.com/F6tS8TX1s2