dravya

Apollo Hospitals - Trend Continuation

dravya 업데이트됨   
NSE:APOLLOHOSP   APOLLO HOSPITALS.
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.

코멘트:
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.
액티브 트레이드
거래청산: 스탑 닿음:
SL hit. Broke out of the trendline.
코멘트:
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.

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