SlideShare a Scribd company logo
SEBI Registered – Research Analyst
*Please Refer Disclaimer on Website
On Daily chart, it has been observed that the stock has
completed its “Bearish Anti-Shark” harmonic pattern at
1515.90 levels, the co-ordinates of which are as follows:
Technical Parameter: XA of the leg from 1478.50 to 1130, AB
of the leg completed at 1333 (i.e.50% of XA leg.), BC of the
leg completed at 1155 (i.e. near 88.60% of AB leg) and CD of
the leg completed at 1515.90 level. (I.e. 113% of XA and 200%
of BC leg)
Moreover, on weekly chart, stock has been forming “Greave
Stone Doji” candlestick which is bearish reversal sign and
indicating that the stock is about to change its uptrend in to
downtrend in next few trading session.
Furthermore, On the other hand, price has formed “Tweezers
Tops” candle stick pattern on daily chart, which is bearish
reversal pattern followed by long bearish candle stick.
On daily chart, momentum indicator RSI has shown
“Negative Divergence” which point out for negative breath in
the stock.
Sell APOLLOHOSP Fut @ 1465 & Upto 1480 SL 1516 TGT 1370
08th Oct. 2015
TECHNO SELL
*Please Refer Disclaimer on Website WWW.CHOICEINDIA.COM
www.choiceindia.com
Contact Us
Disclaimer
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the
information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the
correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any
inadvertent error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements.
Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research undertaken as the recommendations stated in
this report is derived purely from technical analysis. Choice Broking has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or
warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and
any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report
however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification,
copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance
may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.
www.choiceindia.comcustomercare@choiceindia.com
Research Team
Mr. Sumeet Bagadia Associate Director
Kunal Parmar Research Associate
Amit Pathania Research Associate
Ritesh Patel Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Vikas Chaudhari Research Associate
Trirashmi Ghoderao Research Advisor
Neeraj Yadav Research Advisor
08th Oct. 2015
TECHNO SELL
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2015.10.08 13:07:08 +05'30'

More Related Content

What's hot

Techno Buy: CENTURY TEXTILES
Techno Buy: CENTURY TEXTILESTechno Buy: CENTURY TEXTILES
Techno Buy: CENTURY TEXTILES
choice broking
 
Techno Buy: SBIN
Techno Buy: SBINTechno Buy: SBIN
Techno Buy: SBIN
choice broking
 
Traders choice apltr
Traders choice   apltrTraders choice   apltr
Traders choice apltr
Choice Equity
 
Techno sell zinc 09.03.16
Techno sell    zinc  09.03.16Techno sell    zinc  09.03.16
Techno sell zinc 09.03.16
choice broking
 
Techno sell copper 05.07.16
Techno sell    copper  05.07.16Techno sell    copper  05.07.16
Techno sell copper 05.07.16
Choice Equity
 
Traders choice nbventure
Traders choice   nbventureTraders choice   nbventure
Traders choice nbventure
Choice Equity
 
Techno buy silver 22.11.16
Techno buy    silver  22.11.16Techno buy    silver  22.11.16
Techno buy silver 22.11.16
Choice Equity
 
Techno buy bhel
Techno buy bhelTechno buy bhel
Techno buy bhel
Choice Equity
 
Techno sell zinc 25.08.16
Techno sell    zinc  25.08.16Techno sell    zinc  25.08.16
Techno sell zinc 25.08.16
Choice Equity
 
Techno Sell: #GOLD
Techno Sell: #GOLDTechno Sell: #GOLD
Techno Sell: #GOLD
choice broking
 
Techno buy: JKTYRE
Techno buy: JKTYRETechno buy: JKTYRE
Techno buy: JKTYRE
choice broking
 
Techno Buy On (IL&FS TRANSPORTATION NETWORKS)
Techno Buy On (IL&FS TRANSPORTATION NETWORKS)Techno Buy On (IL&FS TRANSPORTATION NETWORKS)
Techno Buy On (IL&FS TRANSPORTATION NETWORKS)
choice broking
 
L&T Derivative EXPIRY STRATEGY
 L&T Derivative EXPIRY STRATEGY  L&T Derivative EXPIRY STRATEGY
L&T Derivative EXPIRY STRATEGY
choice broking
 
Techno Buy: AMBUJACEMENT
Techno Buy: AMBUJACEMENTTechno Buy: AMBUJACEMENT
Techno Buy: AMBUJACEMENT
choice broking
 
Expiry Derivative Strategy: Acc Ltd
Expiry Derivative Strategy: Acc LtdExpiry Derivative Strategy: Acc Ltd
Expiry Derivative Strategy: Acc Ltd
choice broking
 
Techno Buy : UPL
Techno Buy : UPLTechno Buy : UPL
Techno Buy : UPL
choice broking
 
Traders choice adaniport
Traders choice   adaniportTraders choice   adaniport
Traders choice adaniport
Choice Equity
 
Pick of the Week: Larsen & Toubro Limited.
 Pick of the Week: Larsen & Toubro Limited. Pick of the Week: Larsen & Toubro Limited.
Pick of the Week: Larsen & Toubro Limited.
choice broking
 

What's hot (20)

Techno Buy: CENTURY TEXTILES
Techno Buy: CENTURY TEXTILESTechno Buy: CENTURY TEXTILES
Techno Buy: CENTURY TEXTILES
 
Techno Buy: SBIN
Techno Buy: SBINTechno Buy: SBIN
Techno Buy: SBIN
 
Traders choice apltr
Traders choice   apltrTraders choice   apltr
Traders choice apltr
 
Techno Buy ()
Techno Buy ()Techno Buy ()
Techno Buy ()
 
Techno sell zinc 09.03.16
Techno sell    zinc  09.03.16Techno sell    zinc  09.03.16
Techno sell zinc 09.03.16
 
Techno sell copper 05.07.16
Techno sell    copper  05.07.16Techno sell    copper  05.07.16
Techno sell copper 05.07.16
 
Traders choice nbventure
Traders choice   nbventureTraders choice   nbventure
Traders choice nbventure
 
Techno buy silver 22.11.16
Techno buy    silver  22.11.16Techno buy    silver  22.11.16
Techno buy silver 22.11.16
 
Techno buy bhel
Techno buy bhelTechno buy bhel
Techno buy bhel
 
Techno sell zinc 25.08.16
Techno sell    zinc  25.08.16Techno sell    zinc  25.08.16
Techno sell zinc 25.08.16
 
Techno Sell: #GOLD
Techno Sell: #GOLDTechno Sell: #GOLD
Techno Sell: #GOLD
 
Techno buy: JKTYRE
Techno buy: JKTYRETechno buy: JKTYRE
Techno buy: JKTYRE
 
Techno Buy On (IL&FS TRANSPORTATION NETWORKS)
Techno Buy On (IL&FS TRANSPORTATION NETWORKS)Techno Buy On (IL&FS TRANSPORTATION NETWORKS)
Techno Buy On (IL&FS TRANSPORTATION NETWORKS)
 
Techno Buy techm
Techno Buy techmTechno Buy techm
Techno Buy techm
 
L&T Derivative EXPIRY STRATEGY
 L&T Derivative EXPIRY STRATEGY  L&T Derivative EXPIRY STRATEGY
L&T Derivative EXPIRY STRATEGY
 
Techno Buy: AMBUJACEMENT
Techno Buy: AMBUJACEMENTTechno Buy: AMBUJACEMENT
Techno Buy: AMBUJACEMENT
 
Expiry Derivative Strategy: Acc Ltd
Expiry Derivative Strategy: Acc LtdExpiry Derivative Strategy: Acc Ltd
Expiry Derivative Strategy: Acc Ltd
 
Techno Buy : UPL
Techno Buy : UPLTechno Buy : UPL
Techno Buy : UPL
 
Traders choice adaniport
Traders choice   adaniportTraders choice   adaniport
Traders choice adaniport
 
Pick of the Week: Larsen & Toubro Limited.
 Pick of the Week: Larsen & Toubro Limited. Pick of the Week: Larsen & Toubro Limited.
Pick of the Week: Larsen & Toubro Limited.
 

Similar to Techno Sell: APOLLOHOSP‬

Techno buy glenmark
Techno buy glenmarkTechno buy glenmark
Techno buy glenmark
Choice Equity
 
Techno sell glenmark
Techno sell glenmarkTechno sell glenmark
Techno sell glenmark
Choice Equity
 
Techno Buy : HCLTECH
Techno Buy : HCLTECHTechno Buy : HCLTECH
Techno Buy : HCLTECH
choice broking
 
Techno Buy: KARURVYSYA
Techno Buy: KARURVYSYATechno Buy: KARURVYSYA
Techno Buy: KARURVYSYA
choice broking
 
Techno Sell: INFY
Techno Sell: INFYTechno Sell: INFY
Techno Sell: INFY
choice broking
 
Techno sell jswsteel
Techno sell   jswsteelTechno sell   jswsteel
Techno sell jswsteel
Choice Equity
 
Techno buy kpit
Techno buy kpitTechno buy kpit
Techno buy kpit
Choice Equity
 
ChoiceBroking Techno Buy: INDUSIND BANK
ChoiceBroking Techno Buy: INDUSIND BANKChoiceBroking Techno Buy: INDUSIND BANK
ChoiceBroking Techno Buy: INDUSIND BANK
choice broking
 
Traders choice cub
Traders choice   cubTraders choice   cub
Traders choice cub
Choice Equity
 
Techno Sell: GLENMARK
Techno Sell: GLENMARKTechno Sell: GLENMARK
Techno Sell: GLENMARK
choice broking
 
Techno buy twl 19122016
Techno buy twl 19122016Techno buy twl 19122016
Techno buy twl 19122016
choice broking
 
Techno Buy: RELIANCE
Techno Buy: RELIANCETechno Buy: RELIANCE
Techno Buy: RELIANCE
choice broking
 
Traders choice glenmark
Traders choice   glenmarkTraders choice   glenmark
Traders choice glenmark
Choice Equity
 
Techno buy tbz 06102016
Techno buy tbz 06102016Techno buy tbz 06102016
Techno buy tbz 06102016
Choice Equity
 
Techno buy oilindia
Techno buy oilindiaTechno buy oilindia
Techno buy oilindia
Choice Equity
 
Traders choice indiacem
Traders choice   indiacemTraders choice   indiacem
Traders choice indiacem
Choice Equity
 
Techno Buy: BANKBARODA
Techno Buy: BANKBARODATechno Buy: BANKBARODA
Techno Buy: BANKBARODA
choice broking
 
Techno buy usdinr 29082016
Techno buy usdinr 29082016Techno buy usdinr 29082016
Techno buy usdinr 29082016
Choice Equity
 
Techno Buy : L&TFH
Techno Buy : L&TFHTechno Buy : L&TFH
Techno Buy : L&TFH
choice broking
 
Techno buy zeel 11012017
Techno buy zeel 11012017Techno buy zeel 11012017
Techno buy zeel 11012017
Choice Equity
 

Similar to Techno Sell: APOLLOHOSP‬ (20)

Techno buy glenmark
Techno buy glenmarkTechno buy glenmark
Techno buy glenmark
 
Techno sell glenmark
Techno sell glenmarkTechno sell glenmark
Techno sell glenmark
 
Techno Buy : HCLTECH
Techno Buy : HCLTECHTechno Buy : HCLTECH
Techno Buy : HCLTECH
 
Techno Buy: KARURVYSYA
Techno Buy: KARURVYSYATechno Buy: KARURVYSYA
Techno Buy: KARURVYSYA
 
Techno Sell: INFY
Techno Sell: INFYTechno Sell: INFY
Techno Sell: INFY
 
Techno sell jswsteel
Techno sell   jswsteelTechno sell   jswsteel
Techno sell jswsteel
 
Techno buy kpit
Techno buy kpitTechno buy kpit
Techno buy kpit
 
ChoiceBroking Techno Buy: INDUSIND BANK
ChoiceBroking Techno Buy: INDUSIND BANKChoiceBroking Techno Buy: INDUSIND BANK
ChoiceBroking Techno Buy: INDUSIND BANK
 
Traders choice cub
Traders choice   cubTraders choice   cub
Traders choice cub
 
Techno Sell: GLENMARK
Techno Sell: GLENMARKTechno Sell: GLENMARK
Techno Sell: GLENMARK
 
Techno buy twl 19122016
Techno buy twl 19122016Techno buy twl 19122016
Techno buy twl 19122016
 
Techno Buy: RELIANCE
Techno Buy: RELIANCETechno Buy: RELIANCE
Techno Buy: RELIANCE
 
Traders choice glenmark
Traders choice   glenmarkTraders choice   glenmark
Traders choice glenmark
 
Techno buy tbz 06102016
Techno buy tbz 06102016Techno buy tbz 06102016
Techno buy tbz 06102016
 
Techno buy oilindia
Techno buy oilindiaTechno buy oilindia
Techno buy oilindia
 
Traders choice indiacem
Traders choice   indiacemTraders choice   indiacem
Traders choice indiacem
 
Techno Buy: BANKBARODA
Techno Buy: BANKBARODATechno Buy: BANKBARODA
Techno Buy: BANKBARODA
 
Techno buy usdinr 29082016
Techno buy usdinr 29082016Techno buy usdinr 29082016
Techno buy usdinr 29082016
 
Techno Buy : L&TFH
Techno Buy : L&TFHTechno Buy : L&TFH
Techno Buy : L&TFH
 
Techno buy zeel 11012017
Techno buy zeel 11012017Techno buy zeel 11012017
Techno buy zeel 11012017
 

Recently uploaded

NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
Amil Baba Dawood bangali
 
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
Falcon Invoice Discounting
 
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
ydubwyt
 
Latino Buying Power - May 2024 Presentation for Latino Caucus
Latino Buying Power - May 2024 Presentation for Latino CaucusLatino Buying Power - May 2024 Presentation for Latino Caucus
Latino Buying Power - May 2024 Presentation for Latino Caucus
Danay Escanaverino
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
va2132004
 
how to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchangehow to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchange
DOT TECH
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
DOT TECH
 
一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理
一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理
一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理
betoozp
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
marketing367770
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
InterCars
 
how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
DOT TECH
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
DOT TECH
 
Webinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont BraunWebinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont Braun
FinTech Belgium
 
The European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population agingThe European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population aging
GRAPE
 
What price will pi network be listed on exchanges
What price will pi network be listed on exchangesWhat price will pi network be listed on exchanges
What price will pi network be listed on exchanges
DOT TECH
 
MERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdfMERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdf
Sudarshan Dakuru
 
what is the best method to sell pi coins in 2024
what is the best method to sell pi coins in 2024what is the best method to sell pi coins in 2024
what is the best method to sell pi coins in 2024
DOT TECH
 
Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1
Fitri Safira
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
Commercial Bank of Ceylon PLC
 
how to sell pi coins effectively (from 50 - 100k pi)
how to sell pi coins effectively (from 50 - 100k  pi)how to sell pi coins effectively (from 50 - 100k  pi)
how to sell pi coins effectively (from 50 - 100k pi)
DOT TECH
 

Recently uploaded (20)

NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
 
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
 
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
 
Latino Buying Power - May 2024 Presentation for Latino Caucus
Latino Buying Power - May 2024 Presentation for Latino CaucusLatino Buying Power - May 2024 Presentation for Latino Caucus
Latino Buying Power - May 2024 Presentation for Latino Caucus
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
 
how to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchangehow to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchange
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
 
一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理
一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理
一比一原版Birmingham毕业证伯明翰大学|学院毕业证成绩单如何办理
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
 
how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
 
Webinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont BraunWebinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont Braun
 
The European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population agingThe European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population aging
 
What price will pi network be listed on exchanges
What price will pi network be listed on exchangesWhat price will pi network be listed on exchanges
What price will pi network be listed on exchanges
 
MERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdfMERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdf
 
what is the best method to sell pi coins in 2024
what is the best method to sell pi coins in 2024what is the best method to sell pi coins in 2024
what is the best method to sell pi coins in 2024
 
Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
 
how to sell pi coins effectively (from 50 - 100k pi)
how to sell pi coins effectively (from 50 - 100k  pi)how to sell pi coins effectively (from 50 - 100k  pi)
how to sell pi coins effectively (from 50 - 100k pi)
 

Techno Sell: APOLLOHOSP‬

  • 1. SEBI Registered – Research Analyst *Please Refer Disclaimer on Website On Daily chart, it has been observed that the stock has completed its “Bearish Anti-Shark” harmonic pattern at 1515.90 levels, the co-ordinates of which are as follows: Technical Parameter: XA of the leg from 1478.50 to 1130, AB of the leg completed at 1333 (i.e.50% of XA leg.), BC of the leg completed at 1155 (i.e. near 88.60% of AB leg) and CD of the leg completed at 1515.90 level. (I.e. 113% of XA and 200% of BC leg) Moreover, on weekly chart, stock has been forming “Greave Stone Doji” candlestick which is bearish reversal sign and indicating that the stock is about to change its uptrend in to downtrend in next few trading session. Furthermore, On the other hand, price has formed “Tweezers Tops” candle stick pattern on daily chart, which is bearish reversal pattern followed by long bearish candle stick. On daily chart, momentum indicator RSI has shown “Negative Divergence” which point out for negative breath in the stock. Sell APOLLOHOSP Fut @ 1465 & Upto 1480 SL 1516 TGT 1370 08th Oct. 2015 TECHNO SELL *Please Refer Disclaimer on Website WWW.CHOICEINDIA.COM
  • 2. www.choiceindia.com Contact Us Disclaimer This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment. POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No. www.choiceindia.comcustomercare@choiceindia.com Research Team Mr. Sumeet Bagadia Associate Director Kunal Parmar Research Associate Amit Pathania Research Associate Ritesh Patel Research Associate Rajnath Yadav Research Associate Satish Kumar Research Associate Vikas Chaudhari Research Associate Trirashmi Ghoderao Research Advisor Neeraj Yadav Research Advisor 08th Oct. 2015 TECHNO SELL Kunal Parmar Digitally signed by Kunal Parmar DN: cn=Kunal Parmar, o=Choice Equity Broking Pvt Ltd., ou=Research Dept., email=kunal.parmar@choiceindia.com, c=IN Date: 2015.10.08 13:07:08 +05'30'