APOLLOTYRE possible long positionBroke with good volumes
new comers can look out to buy only if it sustains above 193
else high chance of consolidating
keep stop loss wisely
Apollotyres
Apollo Tyre, Daily ChartNSE:APOLLOTYRE Appollo tyre, daily chart.
given good break-out with good intensity of volume.
should buy above 195 only, with sl of 188.
for target 203, 211 and 222.
Desclaimer
These are just my views for education purpose only.
I am not any type of Advisor or tips provider.
Consult your Financial Advisor before investing or trading.
Good long candidate.Apollo tyre has given breakout from daily, weekly resistance.
Volume is very good.
Trading above key EMA.
RSI Is clearly indicating upmove.
Long @148.6-149
Target1: 158
Target2: 164
SL:136
Good luck :)
APOLLO TYRESThis is meant for midterm setup ..(With in next 6 month)
You can buy when daily candle close above the BUY-ZONE
STOPLOSS and POTENTIAL PROFIT is Mentioned Clearly
APOLLO TYRES Analysis form 28th August till date.The above chart is based on my research and analysis. I don't recommend anyone to strictly follow this chart and do trading. Do your own analysis and then proceed.
Positional Buyer Look Here !Positional buyers look toward apollo stocks might seems toward 130-150-180!
Apollo Tyre Breakout or False breakout Monday decidesTrend seems positive and ready to rally at current price support... hope nifty doesnt spoil the trend.
immediate resistance is at 144 so that will be the target 123 is the stop loss
R-0135 APOLLO TYRE IS STARTING TO ROLL (GO LONG)BUY-> 114.5-115
SL -> 111.90
TGT -> 121
TK cross over + ABOVE VWAP + CLOUD BREAK OUT + MACD cross over => Momentum continues with good volume buy.
In Channel movement of APOLLOTYREAPOLLOTYRE has been moving in a parallel channel. Could start an uptrend from here. Be careful if channel if broken towards downside.
Apollo Tyres from 5 July 2020The stock has been showing good movement May Month .--> markup then cosolidation happened ...
stock is moving toward the new level of 125 zone ....
Monthly increase of max 11% has happened in previous months ... -> max this month 20% (super max)
July opening of 108 has happened --- 108 *1.20 = 129.6 ( super max wick )
Possibility movement scenario ===
1. break the red line goes up ---> retest the red line ==> finally shooting to 125 zone
2. forming triple top --> touches the red line ==> goes down to grey zone ( s/r zone )
no very safe option strategy possible until breakout or reverse happen
if breakout call spread might be good ...
retracement till 112 possible don't lose nerve of steel ...
APOLLOTYRE - Direction Apollo Tyres is making HH/HL from past couple of days & currently at trend line resistance 98.
If cross 98 ... we can see short term uptrend -- watchout market direction before trade.
If cross above 98 and sustains, we can expect targets -> 100/102/105/110
Apollotyre - Bat patternShort below 95 for a target of 85 , however stop for the trade is at 105, so risk reward ration is not favorable here, so am gonna pass this short trade, however am keeping this stock in my watch-list because its showing some signs of long term reversal.
APOLLOTYRE : Sign of reversal ??? APOLLOTYRE : Based on trend and support/resistance levels in higher time frames ... if cross above 159.80 in next trading session, can take long trade.
PS: the above opinion is purely my own perception and not trading recommendation.
Apollo Tyre BullishApollo Tyre fake double bottom formation where as L1 and L2 are new low
Buy above: 168.20
SL: 161.50
Apollo Tyres Short Candidate 8,79,000 new short position created in Apollo tyres, Chart and F&O data suggest, Stock might break previous low in current series.
