Apollo Hospitals - Trend Continuation

2017년 1월 28일

Apollo Hospitals

CMP - 1232.05

SL and Target marked on the chart.

Reason -

It's in downtrend,
and trend continuation is what I follow as it provides a good R.R.R. ( in this case 1:4 )

Here, prices have trended down, consolidated, can be expected to move down more.

2017년 1월 29일

노트

The good thing about this is that, if the very recent upmove continues and the stock gaps up above the line or immediately goes above the yellow line, we don't enter at all. Entry only when it shows clear rejection from that line. SL should still be maintained.

2017년 1월 31일

액티브 트레이드

2017년 2월 3일

거래청산: 스탑 닿음

SL hit. Broke out of the trendline.

2017년 2월 10일

노트

Watch if it takes support or breaks the trendline. Worse case is when it goes back and forth it. So look for big candles that will show strength in move, not necessarily but more probably.