Apollo Hospitals Ltd, a unit of the healthcare industry, saw a new 52-week high recently. The stock has broken out of its narrow consolidation range on the daily charts and is set to reach 5500 levels, according to experts. Short-term traders are advised to buy dips in the stock as long as it remains above recent support above 5000 levels. The stock has performed well over the past three months, rallying by over 18%.
