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LokeshSurana

APOLLO medium term view

Long
APOLLO MICRO SYSTE (NSE:APOLLO)  
LokeshSurana Updated   
NSE:APOLLO   APOLLO MICRO SYSTE
Trend Analysis Candlestick Analysis
3
2
trendanalysis candlestick
Technicals:
- INHS on the monthly chart
- Strong support of trendline on the weekly chart
- Broke out and retested the neckline of INHS monthly chart

Fundamental:
- Government's outlook is very bullish on the defense sector
- Attractive valuations compared to peers
- Strong order book
Comment:
Book 75% of profits, again enter into 150-175 region
Trade closed: target reached
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