APOLLOHOSP - Swing Trading looks good?

22 feb 2022

Highlight:-

• Retracement from top is 30%
  
  
• Sitting on 200 DMA cluster
  
  
• Formed Bullish Engulfing Candle at 200 MA
  
  
• Forming Box Pattern
  
  
  Let's switch to smaller time frame { 4H } for more conformation.
  
  
  
• Formed Strong Bullish Divergence
  
  
• Formed Inverted Head & Shoulder
  
  
• Entry- Closing above flip line 'or'
  
  
• Trigger above 4750
  
  
• SL - {4H} CB 4400
  
  
• Target - {T1- 5200} {T2- 5600} {T3- 6***}
  
  
  Let's switch to higher time frame to see the larger picture.
  
  
  
• It's in uptrend until and unless 4000 get taken out.
  
  
  
  
• This is Not investment advice. It's just my view. Invest your capital at your own risk.
  
  
• Please like, share & follow.