Date: 21 JUNE, 2017
Scrip Name: APOLLOHOSP
Strategy – FUTURE BUY
Buy APOLLOHOSP Future above 1259, with SL 1246 and Target 1286-1300
Reason – Technically the stock has been moving in lower top and lower bottom formation in near term charts and has reached near support, indicating it is likely to witness buying at current levels. The 1300 CE has the highest OI indicating that the stock is now likely to move towards 1300-1320 levels in near term.
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About Nirmal Bang
Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.
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