APOLLOHOSPITALS – DOUBLE BOTTOM – BULLISH

” Equivalent ” Double bottoms are Identified as T1 and T2 and the duration is more than 20 days. Point A is marked as Entry point for Long position (1089.6). The stoploss is set at low of T2 which is Point B (983.9). The volume confirmation is taken at crossover , which is the previous high (1089.6). The Target is set at Point C (Long Unwinding Position), its the sum of A + Risk taken which is point C (1195.3). The target was reached in 1 Month’s time.