APOLLOHOSP - TECHNICAL ANALYSIS

29 Jun

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📈 Apollo Hospitals Enterprises Ltd. (APOLLOHOSP) – TECHNICAL ANALYSIS
📆 Date: June 28, 2025 | Timeframe: Daily Chart
🔍 For Educational Purposes Only
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📊 Structure Overview
• Pattern: Rounded "W" Base Breakout
• Breakout Level: ₹7,324
• Current Price: ₹7,308.50 (pullback after breakout)
• Volume: 523.58K vs avg. 456.66K – confirming breakout strength
• Trend Bias: Bullish (as long as price sustains above ₹7,176–₹7,043)
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📌 Key Zones
🔺 Top Range Resistance: ₹7,545.35
📛 Possible Supply Zone: ₹7,545.35–₹7,345.20 | SL: ₹7,553.15
🟧 Consolidation Zone: ₹6,750–₹7,300
🟩 Demand Support: ₹7,176 / ₹7,043 / ₹6,969
🔻 Bottom Support Range: ₹6,001 (long-term demand base)
Resistance Levels:
• ₹7,382.5
• ₹7,456.5
• ₹7,589.0
Support Levels:
• ₹7,176.0
• ₹7,043.5
• ₹6,969.5
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🧠 Technical Signals
✔️ Rounded W pattern breakout
✔️ Bollinger Band expansion (BB Squeeze OFF)
✔️ RSI around 62 – showing strength
✔️ SuperTrend & VWAP supportive during breakout
✔️ Sectoral tailwind: Hospitals gaining traction in current market narrative
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🎯 STWP Educational Trade Plan (For Study Only)
• Entry (Breakout Retest): ₹7,324
• Stop Loss: ₹6,989
• Risk: ₹335/share
• Position Size: 50 shares
• Risk-Reward Ratio: 1:1 | 1:2+
📌 Setup Logic: Volume-backed W Breakout + Consolidation Range Break + Sector Strength
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⚠️ Cautionary Notes
• Breakdown below ₹7,043 = weakening structure
• If price gets rejected at ₹7,456, sideways action likely
• Always track volume + RSI for divergence signs
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📢 Disclaimer
This is a study-based chart analysis shared for educational purposes only. It is not a buy/sell recommendation. The author is not SEBI-registered. Please consult a SEBI-registered advisor before making any investment decisions.
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💬 Your Turn:
Do you think ₹7,545 will break or will price revisit ₹7,000 first?
👇 Drop your view or chart in the comments — let’s grow together!
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STWP | Learn. Trade. Grow.
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