Apollo Hospitals Enterprise Ltd

NSE :APOLLOHOSP   BSE :508869  Sector : Healthcare

About Company: Apollo Hospitals was established in 1983 by Dr. Prathap C Reddy, renowned architect of modern healthcare in India. As the nation’s first corporate hospital, Apollo Hospitals is acclaimed for pioneering the private healthcare revolution in the country. Apollo Hospitals has emerged as Asia’s foremost integrated healthcare services provider and has a robust presence across the healthcare ecosystem, including Hospitals, Pharmacies,
Primary Care & Diagnostic Clinics and several Retail Health models.

Daily Chart of Apollo Hospital:

Technical Outlook of Apollo Hospital:

On 22nd Feb 2022, Tuesday Apollo Hospital Share price gained 3.38% and closed at 4576.05. Stock was one of the top gainers in the F&O space. Today market opened Gap down and a smart recovery has been seen in the market in later half.

Apollo hospital also opened gap down and took a good support at 200-day exponential moving average. Stock rallied Rs.305.55 per share from intraday lows, if we look at daily chart of Apollo Hospital it can be clearly observed that stock is taking good support around 200 Day exponential moving averages and hence, we recommend to buy Apollo Hospital at current level around 4576.05 for Targets of 4780 and stop loss of 4300.