Apollo has a Bullish engulfing after a recent fall. Slight increase in Volume today. Buy @ 1254 TGT 1317 SL 1190.
A Bearish breakout gap noticed at 1325 on 2.11.16 , which may be a resistance.
Possibility of a double bottom is also noticed with A @ 1172 on 25.1.17 and B @ 1190 on 14.2.17. Breakout volume @1282 need to be watched.
Good spot…
The trend was bearish today. May be because of 40% PAT drop in 3rd qtr. Forth QTR is projected at 14% increase. Need to watch.