Technical Trading Idea : Apollo Hospitals Enterprise Ltd Target Rs.8385 By Motilal Oswal Wealth Management

Apollo Hospitals Enterprise Ltd
Buy Apollo Hospitals Enterprise Ltd CMP 7900 SL 7665 TARGET 8385 DURATION Weekly
* Retesting breakout zones and headed up.
* Bounce from 20 DEMA support zones.
* Large bodied bullish candle.
* High volumes to confirm the up move.
* RSI momentum indicator giving a bullish crossover.
* We recommend to buy the stock at CMP Rs.7900 with a SL of Rs.7665 and a TGT of Rs.8385.
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