Apollo Hospital’s technical breakout from the falling wedge.

#### Technical Analysis:
Apollo Hospital has recently shown a breakout from a falling wedge pattern. The falling wedge pattern is a bullish indicator, suggesting that the stock may see an upward price movement following the breakout.

#### Key Points:
1. **Pattern Breakout:** The stock breaking out of the falling wedge pattern indicates a potential reversal of the downtrend and a new bullish phase.
2. **Volume Confirmation:** Ensure that the breakout is accompanied by significant trading volume, which strengthens the validity of the breakout.
3. **Price Target:** Based on the breakout, the immediate target price is set at ₹6680.
4. **Support Levels:** Post-breakout, the stock may retest the previous resistance level, now acting as support. Keep an eye on the support levels around ₹6200-₹6250.

Recommendation:
- **Buy:** Given the bullish breakout from the falling wedge pattern, it is recommended to buy Apollo Hospital at the current market price of ₹6295.
- **Target:** Aim for a target price of ₹6680, which represents a potential upside of approximately 6.1%.
- **Stop-Loss:** To manage risk, consider placing a stop-loss order around ₹6200, below the previous resistance level and near-term support.

Risk Management:
- Monitor the stock closely for any signs of reversal or failure to maintain above the breakout level.
- Adjust the stop-loss level dynamically as the stock price moves closer to the target to protect gains.

Conclusion:
Apollo Hospital’s technical breakout from the falling wedge pattern suggests a bullish trend with a potential target of ₹6680. This setup offers a favorable risk-reward ratio, making it a compelling buy at the current price of ₹6295.