Chart courtesy of www.stockcharts.com

Looking at the technical daily chart of aaple there appears to be marginal downside risk from prevailing levels. The short-term trend is bullish and a move to the Rs 100-103 range appears likely. The stock seems to have completed the recent pull back. The 20 day moving average is showing a positive gradient and is rising since the beginning of February. This is a bullish sign. The Bollinger is also showing a slightly upward channel and the stock looks to be moving towards the upper part of the Bollinger bands. A move above 103.60 would confirm that the stock has commenced the next phase of an upward move.