Apollo Micro – Fresh Momentum Emerging After Strong Base

Apollo Micro – Fresh Momentum Emerging After Strong Base
CMP ₹201.03 | Time Frame: 5-min | Date: June 17, 2025

📊 Chart Summary:
Stock has shown a clean recovery from intraday lows near ₹193 with bullish engulfing patterns.

Strong spike in volume near the bottom followed by sustained price action above ₹200 indicates accumulation and breakout potential.

Price now sustaining above the psychological level of ₹200, suggesting potential for short-term upmove.

🔍 Technical Levels:
Immediate Resistance: ₹205

Next Target Zone: ₹212–₹215

Support Zone: ₹194–₹197

Volume Trend: Above average on upticks, supportive of bullish sentiment

🎯 Trade Setup:
✅ Buy Zone: ₹199–₹201
→ Target 1: ₹205
→ Target 2: ₹212
→ Stoploss: ₹194 (below last swing low)

❌ Avoid Fresh Shorts unless it breaks below ₹192 with volume

🧠 Bias: Bullish Intraday to Short-Term
📈 Momentum Score: 72%
⚠️ Watch price action above ₹202 with volume spike

Apollo Micro has shown strength after a reversal from lows — maintaining ₹200 could propel it to ₹212+.
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