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Lovelesh Sharma

7th Aug · SEBI-Registered Analyst

APOLLOHOSP
- Positive Crossover

APOLLOHOSP
continues to maintain a positive trend after the 20-day moving average crossed above the 50-day moving average, reinforcing bullish momentum. The recent pullback appears to be a healthy dip within the broader uptrend, with the stock continuing to trade above the 50-DMA. Immediate support is placed around 8,472 (20-DMA), followed by 8,349 (50-DMA), while the recent highs near 8,550–8,600 remain the immediate resistance. As long as the stock holds above these moving averages, the broader uptrend remains constructive.

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Screenshot 2026-08-07 122217.png
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