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Darshan_Panchal

APLAPOLLO has done flag breakout with high volume

Long
APL APOLLO TUBES (NSE:APLAPOLLO)  
Darshan_Panchal  
NSE:APLAPOLLO   APL APOLLO TUBES
Chart Patterns Technical Indicators Wave Analysis aplapollotubes breakout breakouttrading volumeanalysis elliottwaveprojection abcpattern
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chartpattern indicator waveanalysis aplapollotubes breakout breakouttrading volumeanalysis elliottwaveprojection abcpattern
APLAPOLLO APLAPOLLO is uptrending stock in tyre manufacturing industry.

Considering consolidation from long period since september 21, stock has made breakout today with high volume.

RSI is also crossing level of 60 which shows bull are aggressive in buying and seller are requiring premium to sell.

looks like Stock has completed A-B-C correction and may start new impluse as per elliot wave principals.

Generally if there is followup then upside 40% is seen in this stock.

Kindly do your own analysis and follow your SL.

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