Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go short in Apollo Hospitals.
“Apollo
hospital is
looking weak on Daily Charts. I
would recommend selling below Rs 1050 & expecting it to test Rs
1020 level in upcoming week; keeping
stop loss below Rs 1095."
It
is giving a sense of a strong bear pattern and that could go much
lower.
Apollo Hospitals Q1
net profit dips 51% at Rs 35.21 cr which will add more downside to it
in upcoming week.
Futures of Apollo
Hospitals Enterprise were trading 1.78 per cent down at Rs 1,054 on
NSE.