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Apollo

Small Cap Multibagger Defence Stock (Independence Day Pick)Apollo Micro Systems Ltd. Technically price is moving inside a descending channel forming WXY corrective pattern as wave 4. As per conventional TA, death cross has formed on 5th August. Further downside is expected. Fundamentally it is overvalued, so it is underperforming since November 2023. During last 3 years, the company has been spending aggressively on equipments to cater the increasing demand. Company is able to maintain healthy profit margin. Good to accumulate around 70-80 level for the following targets: Medium term target @ 240 (210% ROI) Long term target @ 380 (390% ROI) Do your own due diligence before taking any action. Peace!!
NSE:APOLLOLong
by Swastik24
Apollo Hospitals (ticker: APOLLOH) ForecastThe chart provided is a weekly candlestick chart for Apollo Hospitals (ticker: APOLLOH) on the National Stock Exchange (NSE). Here is a detailed analysis and summary of the chart: Timeframe and Data: - Timeframe: Weekly - Data Range: From around early 2022 to mid-2024 Price Analysis: - Current Price: ₹5,914.35 - Price Movement: The stock price has experienced significant volatility over the depicted period. - The price fell sharply from around ₹6,000 in early 2022 to below ₹4,000. - It then gradually recovered, forming a steady upward trend reaching a high of around ₹7,000 in early 2024. - Recently, the price has declined from the peak and is showing some consolidation around the ₹5,914 level. Technical Patterns: - Support and Resistance: - Support: The area around ₹5,750 to ₹5,850 has acted as a support zone recently. - Resistance: The price faced resistance around ₹6,000, as indicated by multiple touches and rejections at this level. - Descending Triangle: A descending triangle pattern is visible from the recent high near ₹7,000. The price is consolidating within this triangle, characterized by lower highs and a relatively horizontal support line around ₹5,750-₹5,850. Potential Future Movements: - Bullish Scenario: If the price breaks above the descending triangle and crosses the resistance at ₹6,000, it could indicate a potential upward movement, possibly retesting previous highs around ₹7,000. - Bearish Scenario: If the price breaks below the support zone of ₹5,750, it might lead to a further decline, with the next major support level potentially around ₹5,250 to ₹5,000. Conclusion: The chart shows that Apollo Hospitals' stock has been consolidating in a descending triangle pattern after a strong uptrend. Traders should watch for a breakout above the resistance at ₹6,000 for a bullish signal or a breakdown below the support at ₹5,750 for a bearish signal. The stock is currently at a critical juncture, and its next move will likely be significant in determining its short to mid-term trend.
NSE:APOLLOHOSPLong
by The90sTraderOfficial
Sony & Apollo Join Forces in a Bid to Acquire Paramount GlobalSony Pictures Entertainment and Apollo Global Management are currently in talks to explore the possibility of submitting a joint bid to acquire Paramount Global. This information was obtained from an anonymous source who is familiar with the matter. The two companies have not yet approached Paramount ( NASDAQ:PARA ), which is currently in exclusive negotiations with Skydance Media, an independent studio headed by David Ellison. Despite this, some investors have encouraged Paramount to consider alternative options. If the competing bid comes to fruition, it would involve cash payments for all outstanding Paramount shares ( NASDAQ:PARA ), and result in the company becoming privately owned. The source revealed that Sony would own a majority stake in the joint venture and would operate the media company, along with its library of films and television shows, such as "Star Trek," "Mission: Impossible," "Indiana Jones," and SpongeBob SquarePants. Sony Pictures Entertainment Chairman, Tony Vinciquerra, a seasoned media executive with significant experience in the film and television industry, would likely be tasked with running the studio, leveraging Sony's marketing and distribution expertise. Due to restrictions on foreign ownership of broadcast stations, the source stated that Apollo would likely assume control of the CBS broadcast network and its local television stations. Sony's parent corporation is based in Tokyo, Japan. The New York Times initially reported the ongoing discussions between Sony and Apollo. Both Sony and Paramount have declined to comment on the matter, and Apollo could not be reached for comment. Previously, Apollo had made an offer of $26 billion to acquire Paramount Global ( NASDAQ:PARA ), whose enterprise value at the end of 2023 was estimated to be around $22.5 billion. However, a special committee of Paramount's board elected to continue with its advanced deal talks with Skydance, rather than pursuing a deal "that might not actually come to fruition," according to two people with knowledge of the board's actions. The committee is currently assessing the feasibility of acquiring the smaller independent studio in a stock deal worth around $4 billion to $5 billion. Skydance is also reportedly in negotiations to acquire National Amusements, a company that holds the Redstone family's controlling interest in Paramount. However, this transaction is contingent upon a Skydance-Paramount merger. Technical Outlook Paramount Global ( NASDAQ:PARA ) shares quickly responded to the development besieging it surging by 8.3% from a weekly low of $10.03. The stock has a Relative Strength Index (RSI) of 54.24. Moreover, traders need to be cautious as the stock is trading below the 200 and 100-day Moving Averages (MA) igniting a concern about its bullish trend. The question is will it keep surging? or test a new support level eventually.
NASDAQ:PARALong
by DEXWireNews
#astramicro #stockstobuy #trading #investing #Nifty #BankNifty NSE: ASTRAMICRO CMP: 308.90 TARGET 424 37% Return on Equity ( Return on Investment ) STOP LOSS 271 RR > 3 Time frame 6m. NSE:ASTRAMICRO Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:ASTRAMICROLong
by Rachit_Sethia
1
APOLLO MICRO SYSTEM This analysis is done at the request of a well wisher. Yes, the overall index is weak but here is a defense stock with a huge pipeline orders. Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD crossover and if it starts this upward journey then it would also form the completion of Inverted Head and Shoulders pattern. The Risk Reward Ratio is very healthy. Strict Stop loss.
NSE:APOLLOLong
by CannySunny
Apollo Hospitals @2110 - Target 2400 and stop loss of Rs. 22Apollo Hospitals has approached it's multi year trend line negating covid turbulence from April to July. Historically, for Apollo Hospitals RSI has been a critical indicator suggesting whether to expect the trend line to be a Support or resistance. After the quarterly result blues are over, RSI indicates that stock is ready to approach and cross the multi year trend line if it holds above 2110 on closing basis. Very small stop loss can fetch 300 Rs upside in quick time. Good candidate for call buying also given recent down trend call pricing would be cheap.
NSE:APOLLOHOSPLong
by Pattern_Study
XRP WILL KO BTC **XRP IS SON OF APOLLO**BINANCE:XRPBTC CHART IS LOOKING COMPLICATED BUT NOT I WOULD NOT SHARE incase I DONT WANT TO BE KNOWN AS GAINING MORE BY LUCK THAN JUDGEMENT OKAY LETS LOOK AT CHART SUPPORT LEVEL BECOME RESISTANCE AND AGAIN CONTINUE THIS CIRCULATION SUPPORT IS BROKEN BEFORE BECAUSE BTC.THIS TIME IT IS NOT AS EASY BEFORE. IF ITS BROKEN THIS LEVEL IS OURSE STOP-LOSS ZONE ANOTHER CASE ENTRY ZONE WHALES LOVE THIS COIN APPRX. SEP-OCT PICK EM ALL/ I READ CHART FOR MY FOLLOWERS **TRUST ME I AM ENGINEER** CHEERS AND PEACE
by MasterofChartss
1