Apollotyres
APOLLOTYRE BUY@ 185 FOR 18/19-09-2019DATE : 18/19-09-2019
APOLLOTYRE BUY@ 185
STOPLOSS : 179
TARGET : 195
Apollotyre not willing to go above long term trendlineShort apollotyre at CMP - 177. 1st target is 170.
Apollotyres 24-07-2017Hi,
Friends with previous publish we saw that it didnt close above 257.5, so till now for long we are awiating for confirmation, currently for intraday we can buy at opening price with very small sl 249 of for target 255
MARUTI BuyMARUTI has been in sustained uptrend and any consolidation has been a great buying opportunity.
It has just finished a consolidation phase and looks set for another leg up.
The auto sector in general has witnessed some consolidation after a very strong trend.
APOLLOTYRE also looking very good for short term but MARUTI has lower volatility
Apollo Tyres to move to new highs (with possible Elliott count)Apollo Tyres (along with other tyre stocks) seems bullish in the long term as it's broken out of it's corrective downtrend channel. Earlier I'd posted updates only for MRF (links attached), but both Apollo Tyres and CEAT can be bought too with targets above their all time highs (and SL as their June/Jan 2016 low).
Bullish on Apollo Tyres (long term perspective)Apollo Tyre seems to be in it's final up move to new highs. All pullbacks (including the one going on now) can be bought (with an SL on wave IV low).
