Apollo Hospital and the EW Counts

10月17日

APOLLOHOSP CMP 6989.. If we consider counts from May'22 lows, the 5 waves seems to have ended.. The minimum expected target of Wave 1 = wave 5 has already been met at 7220 levels.. Extended target is placed at 7800+..

Since the overall market is going down, this too looks poised to go down.. but Price action in the coming days will confirm the direction.. either case, a pullback/retracement is definitely on the cards to go below the recent swing low of 6727