APOLLOTYRE Buy for intraday trading if stock break the given resistance level.............
>Approaching to resistance after 2018 >Preparing to break 5 years of consolidation >forming U pattern on daily TF >A good move can be seen after successfully >sustain above 300
Apollo tyres breached its yearlong resistance a few weeks ago, this move was retested last week, and the then resistance has now turned into support with the price moving above it in a clear uptrend.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Breakout expected on Apollo Tyre. Hence expecting a breakout and then confirmation on Weekly Timeframe. NSE:APOLLOTYRE
Using Super Trend Indicator, Buying Signal is ON, Waiting for a Retest. Targets will be pivots. Proper Risk: Reward is necessary. This is for Educational purposes only. Kindly take this idea as learning.
145.95 Is Where Apollo Settle In The next Few Years
Expecting a short target of 175-180 in Apollo tyres...
Trading in up trend. Earnings days on the ways . Once cross the 200 ma it's easy to go up. Good for swing trade. 😎
Apollo Tyre 1W: Nice flag formation appears to be complete. Prolonged consolidation helped to form a copy book flag. RSI is at support. EMAs stacking well. Good to accumulate between 215 - 205 SL 195 for price tgt 275 - 300.
ApolloTyer long position for Cash/Futures ApolloTyer into Demand Zone now, you can take the entry from 209.30-210 with the Stop loss if a daily candle close below 202 then exit with a loss Stay Tuned with us on social media as well as Trading View for future updates. What we believe in:- °Trade With Logic °Take Time Before Investment Saving Your Capital...
if are are breaking weekly - 252 rs , resistance then stop atleast --- 30 to 40% up side
Entry is subjective when conditions are fulfilled. All levels are mentioned in the chart. Follow proper risk management. Happy Trading!:-)
Analysis on APOLLOTYRE triangle pattern bullish breakout and retest done.
Apollo Tyre 1hr Chart formed Symmetric Triangle 08 Oct 2021. Watch out for Breakout. Need to cross the resistance zone 239-244 for the Target 260. Let me know what do you guys think.
ApolloTyre 1hr Chart Asending Triangle Breakout. Retest with Descending Triangle. Wait for Breakout. 29 Sept 2021
Enter after the breakout or at the Retesting. Can also hold till November 1st week if there is a breakout.
apollotyre giving breakout from symetrical triangle can buy at cmp with sl of 219 for education purpose Do your own research