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 :)
This 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 making double Bottom. Target= 155 Stop Loss= 125
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 buyers look toward apollo stocks might seems toward 130-150-180!
Trend 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
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.
APOLLOTYRE has been moving in a parallel channel. Could start an uptrend from here. Be careful if channel if broken towards downside.
The 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...
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
Awaiting for breaking the triangle pattern
Short 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 : 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.
APOLLOTYRE (Apollo Tyres Limited) BUY ABOVE 173.5
Apollo Tyre fake double bottom formation where as L1 and L2 are new low Buy above: 168.20 SL: 161.50
APOLLOTYRE (Apollo Tyres Limited) BUY ABOVE 170
8,79,000 new short position created in Apollo tyres, Chart and F&O data suggest, Stock might break previous low in current series.