APOLLOHOSP_Hormonic Reversal_Short selling
Harmonic 4-Point Pattern
pattern has formed in the daily timeframe for apollo hospital and its reverse zone where between (7276 & 7391), we are expecting reversal start form this zones.
RSI
Day rsi had crossed 70+ which indicates the stock is in the overbought area.
Conclusion
It's nearly to harmonic reversal zone & Rsi also is over bought, so we are excepting 3-5℅ sell target, Plan accordingly to your trading plan setup coz nifty is getting HH formation
trend is up side (All time High).
Education Purpose only.
Regards
Sathish
pattern has formed in the daily timeframe for apollo hospital and its reverse zone where between (7276 & 7391), we are expecting reversal start form this zones.
RSI
Day rsi had crossed 70+ which indicates the stock is in the overbought area.
Conclusion
It's nearly to harmonic reversal zone & Rsi also is over bought, so we are excepting 3-5℅ sell target, Plan accordingly to your trading plan setup coz nifty is getting HH formation
trend is up side (All time High).
Education Purpose only.
Regards
Sathish
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.