03-07-2025
Stock Radar: Apollo Hospitals hit record highs in July! What should investors do - Book profits or buy the dip?
Apollo Hospitals Ltd recently broke out of an 8-week consolidation, reaching new record highs. Experts suggest a buy for short-term traders, targeting Rs 8,100 within 1-2 months. Technical indicators like Supertrend and EMA breakouts signal continued bullish momentum, supported by strong RSI levels across multiple timeframes.
Apollo Hospitals Ltd, part of the hospital industry, recently broke out from an 8-week consolidation range on the charts to hit fresh record highs in July and the chart pattern suggests that the rally may not be traders can look to buy the stock for a target of Rs 8,100 in the next 1-2 months, suggest witnessed a breakout from an 8-week consolidation range on the weekly charts last week and the momentum continued in