Apollo Hospitals looking good for long term

15 ביולי 2023

On weekly time frame, Apollo Hospitals has seen good breakout of cup and handle pattern with strong green candle, followed by good volumes. Currently stock is consolidating in the price range of 5000-5300. Any dip around 5000 seems good buy to give around 18% return till lifetime high i.e. 5911. However, the length of cup estimates the targets of 6555 which is almost 27% from the current price.