APOLLOTYRE - Apollo Tyres Ltd (2 hours chart, NSE) - Long PositiAPOLLOTYRE - Apollo Tyres Ltd. (2 hours chart, NSE) - Long Position; short-term research idea.
Risk assessment: Medium {volume structure integrity risk}
Risk/Reward ratio ~ 2.68
Current Market Price (CMP) ~ 470
Entry limit ~ 464.50 on April 30, 2025
1. Target limit ~ 481 (+3.55%; +16.5 points)
2. Target limit ~ 498 (+7.21%; +33.5 points)
Stop order limit ~ 452 (-2.69%; -12.5 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observation notes
= important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value
