monthly and daily chart showing inverse head and shoulder pattern elliot wave target are marked for every one .buy as broke out of 132.50 day range today ,once crosses 149 will show real power
comming out of hibernation in monthly as well as daily chart inverse head and shoulder pattern showing long target as shown in chart
inverse head and shoulder pattern trg 164 in the long term trg of 350 to 400
Following Rounding bottom pattern If resistance breakout above the pattern from consolidation Correct me if i am wrong (NFA)
Appolo micro long possition inisiate for long term investment pick . Ipo time high:- 480 and low 35 , good risk rewards ratio . Technical trend reversal seen in chart , tringal brekout seen in short time .
Apollo Microsystem good around 112 for 124-140 with Sl 109 in mid term
This analysis is done at the request of a well wisher. Yes, the overall index is weak but here is a defense stock with a huge pipeline orders. Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD...
highly oversold as suggested by RSI AND MACD, buy once crosses 98 as this might be end of wave c
APOLLO MICRO SYSTEMS CRITICAL LEVEL IF IT BREAKS SELL IT OR HOLD OR BUY IT IT CROSS THE 47.35 LEVEL
Watch for next week Stock near strong resistance zone. Rejection from 200 SMA Need closing above 100 for further upmove. RSI positive diversions.
for 2 days funda weak; purely tech sl compulsory