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Mayank Kumar

14th Aug 2025 · SEBI-Registered Analyst

APOLLOHOSP
The 4-hour chart of **Apollo Hospitals** shows a strong bullish breakout, with price surging by 1.68% to ₹7,830.00. This move follows a sharp reversal from recent lows around ₹7,000, breaking above previous consolidation zones. The RSI has spiked to **73.26**, entering the overbought territory, which indicates strong buying momentum. However, since RSI is stretched, some profit-booking or sideways movement could occur. The breakout above recent highs with strong volume and RSI support confirms bullish strength, and the stock may continue to rally after minor consolidation. Overall sentiment remains positive with momentum favoring the bulls.

#FundamentalViews#TechnicalViews
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