Apollo Hospitals –Technical Analysis, Support and Resistance

The stock APOLLOHOSP is showing a volatile trend after facing selling pressure near the ₹9000–9050 zone. The stock recently declined towards ₹7500–7600 and then recovered sharply. It is currently trading at ₹8371 down 2.66% in the latest session, indicating selling pressure near the ₹8600–8700 zone. Support & Resistance: Immediate support is around ₹8250–8200. Below this the next support zone is ₹8000–7800. On the upside ₹8600–8700 is the immediate resistance area followed by ₹8850–9000. Short-Term Buyers & Holders View: Fresh buying may be considered after a sustained close above ₹8700 with strong volume. Existing holders should monitor the ₹8200 support zone. A breakdown below this level may lead to further correction.