Apollo Hospitals (Daily Chart) is showing strong bullish momentum technically, supported by both price action and volume.
Volume Surge: Volume for the day is higher than the average, indicating active participation in the breakout. Current volume: 340K+ shares.
• RSI at 66.27: The RSI is near the overbought zone but still in a healthy uptrend, suggesting sustained strength and no immediate signs of reversal.
• Moving Averages:
• 50 EMA (~₹6,943) is holding as a dynamic support.
• 200 EMA (~₹6,766) shows long-term bullish structure.
• Next Resistance: The previous swing high of ₹7,545.35 is the next key level to watch for.
• Strong Trendline Support: The upward sloping trendline remains intact, indicating higher lows formation.
Fundamental Snapshot :
• Apollo Hospitals is one of India’s largest hospital chains, with a strong brand, scale, and leadership in private healthcare.
• It has a diversified business model including hospitals, diagnostics, pharmacies, and digital health platforms.
• Financials show stable revenue growth, improving margins, and continuous expansion in healthcare infrastructure.
• Institutional holding remains strong, reflecting confidence from long-term investors.
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🎯 Conclusion:
If the momentum sustains and price holds above ₹7,000–₹7,200 levels, the stock may head toward ₹7,550+ and potentially higher.
Analysis By Mayur Jayant Takalikar --For
LEARNING & OBSERVATIONAL USE ONLY.
Disclaimer: I am not a SEBI-registered advisor. This is not financial advice. Please do your own research before investing.
Volume Surge: Volume for the day is higher than the average, indicating active participation in the breakout. Current volume: 340K+ shares.
• RSI at 66.27: The RSI is near the overbought zone but still in a healthy uptrend, suggesting sustained strength and no immediate signs of reversal.
• Moving Averages:
• 50 EMA (~₹6,943) is holding as a dynamic support.
• 200 EMA (~₹6,766) shows long-term bullish structure.
• Next Resistance: The previous swing high of ₹7,545.35 is the next key level to watch for.
• Strong Trendline Support: The upward sloping trendline remains intact, indicating higher lows formation.
Fundamental Snapshot :
• Apollo Hospitals is one of India’s largest hospital chains, with a strong brand, scale, and leadership in private healthcare.
• It has a diversified business model including hospitals, diagnostics, pharmacies, and digital health platforms.
• Financials show stable revenue growth, improving margins, and continuous expansion in healthcare infrastructure.
• Institutional holding remains strong, reflecting confidence from long-term investors.
⸻
🎯 Conclusion:
If the momentum sustains and price holds above ₹7,000–₹7,200 levels, the stock may head toward ₹7,550+ and potentially higher.
Analysis By Mayur Jayant Takalikar --For
LEARNING & OBSERVATIONAL USE ONLY.
Disclaimer: I am not a SEBI-registered advisor. This is not financial advice. Please do your own research before investing.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.