Tuesday, 28 June 2016

Apollo Hospitals: 1290-1260 May Be A Good Demand Zone--Expansion & Pharmacy Division Deleverage Plan May Help

Trading/Investing Idea: Apollo Hospital

CMP: 1303

Buy on dips around 1290-1275

TGT: 1336*-1355-1378*-1395-1418*-1480-1500*-1545 (1-3/6M)

TSL< 1260

Note: Consecutive closing (3 days) below 1260 for any reason, Apollo Hospital may further fall up to 1235-1205-1180 & 1130 in the near to long term (alternative bear case scenario).


Analytical Charts:









Article Courtesy: Frontiza.com



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