APOLLOTYRE trade ideas
APOLLO TYRESSupport and Resistances plotted.
Absolute target is highest swing high.
Zone marked in rectangle is strong support zone
ApollotyersApolloTyers at Accumulation Zone
RSI - Bullish Diversion
Given a good Breakout on daily chart
Formed Morning Star Pattern
Targets1-240 (Weekly)
Target2-250 (Weekly)
Target3-260(Weekly/Monthly)
Good time to buy and go for a swing trade buy @223; sl @221; target @231; @TradingView .
i am not a financial advisor but , if you like my ideas do like and support .
ApolloTyre Short Term ReversalThe stock has reached lower trend line and took support and is ready for a reversal rally provided the breakout of the triangle pattern nearing its end. Trade is supported by brokerage calls and major supports before SL levels. Target is placed near all time high with a risk reward ratio of 1:1. In case of a breakdown of the current triangle pattern it may take the major support and bounce back.
Apollo tyre chart pattern analysisAs you can see ascending triangle pattern in Apollo Tyre stock so we can short it around 228.45 and put stop loss around 241.95 with the TGT of 200 & 183.95 or we can short it after breakout of this pattern
APOLLO TYRES LONG CUP AND HANDLE FORMED
Buy at your own risk not a sebi registered but i feel you should definitely buy it.
Apollo TyresHi all Apollo Tyre is looking good on chart. After lengthy consolidation stock is looking good on chart. stock should do well if it crosses 246. Keep it on watch list..
Apollo Tyre Go Long for 258 TargetI am not a SEBI registered analyst. Please make your own study before investments.
APOLLOTYRE LONGApollo tyre looks for for short/long term swing based on PAT.
SL below 219.
Gap up can be a huge factor for breakout.
Apollo tyresWait for channel breakouts
Always follow previous main trend.
Aggressive traders can take early entry with strict SL. Price is near 200 EMA on one hour time frame.
Just for education
Apollo Tyres go Long
This is the Weekly time frame of Apollo tires. Accumulate at current levels with Sl below 215 with targets of 240/265/290.
Risk reward seems favorable. Thanks !!
For weekend classes on fundamentals and technical for cheapest beginner course. ping me
Apollo Tyres breakout from rising wedgeApollo Tyres has been rising constantly from last few trading sessions and witnessed breakout with rising volumes. Target 260 Stoploss 215
Apollo Tyres - LongApollo tyres is also an interesting Wave
with entry now at 223 and SL at 196.
Intraday play would be tricky, will prefer to enter for intraday momentum after strong closing at 228.
Go long.
