Large volume with negative gains in a market which is booming, is sometimes an indication of distribution. If -ve trend persists for few sessions, than it is bad news for the people holding this scrip. I am one of them.
The scrip is moving in a very narrow range for quite a long time no matter which way the market is moving. Today, for example, it is slightle +ve though the market is down. Fundamentally, I believe, this is a very good stock with steady growth & good promoters. It should outperform shortly after this consolidation.
This is a scrip which has really sound fundamentals with steady growth. Healthcare Industry is growing and Apollo is a very strong player in the Hospital industry. So, no need to worry.
| NIFTY 
