Apollo Hospitals - Downward trendline broken!
Apollohospitals has broken the downward trend line and the price closed above it indicates the stock is bullish. RSI shows strength by forming hidden bullish divergence . Hidden bullish divergence occurs when price is making a higher low (HL), but the oscillator is making a lower low (LL). Buy above 1150 with the stoploss of 1140. Targets are 1190, 1200, 1215 and 1225.
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