Apollo Micro – Fresh Momentum Emerging After Strong Base
CMP ₹201.03 | Time Frame: 5-min | Date: June 17, 2025
📊 Chart Summary:
Stock has shown a clean recovery from intraday lows near ₹193 with bullish engulfing patterns.
Strong spike in volume near the bottom followed by sustained price action above ₹200 indicates accumulation and breakout potential.
Price now sustaining above the psychological level of ₹200, suggesting potential for short-term upmove.
🔍 Technical Levels:
Immediate Resistance: ₹205
Next Target Zone: ₹212–₹215
Support Zone: ₹194–₹197
Volume Trend: Above average on upticks, supportive of bullish sentiment
🎯 Trade Setup:
✅ Buy Zone: ₹199–₹201
→ Target 1: ₹205
→ Target 2: ₹212
→ Stoploss: ₹194 (below last swing low)
❌ Avoid Fresh Shorts unless it breaks below ₹192 with volume
🧠 Bias: Bullish Intraday to Short-Term
📈 Momentum Score: 72%
⚠️ Watch price action above ₹202 with volume spike
Apollo Micro has shown strength after a reversal from lows — maintaining ₹200 could propel it to ₹212+.
#ApolloMicro #ShortTermTrade #BreakoutSetup #PriceAction #NSEStocks #TradingViewIdea
CMP ₹201.03 | Time Frame: 5-min | Date: June 17, 2025
📊 Chart Summary:
Stock has shown a clean recovery from intraday lows near ₹193 with bullish engulfing patterns.
Strong spike in volume near the bottom followed by sustained price action above ₹200 indicates accumulation and breakout potential.
Price now sustaining above the psychological level of ₹200, suggesting potential for short-term upmove.
🔍 Technical Levels:
Immediate Resistance: ₹205
Next Target Zone: ₹212–₹215
Support Zone: ₹194–₹197
Volume Trend: Above average on upticks, supportive of bullish sentiment
🎯 Trade Setup:
✅ Buy Zone: ₹199–₹201
→ Target 1: ₹205
→ Target 2: ₹212
→ Stoploss: ₹194 (below last swing low)
❌ Avoid Fresh Shorts unless it breaks below ₹192 with volume
🧠 Bias: Bullish Intraday to Short-Term
📈 Momentum Score: 72%
⚠️ Watch price action above ₹202 with volume spike
Apollo Micro has shown strength after a reversal from lows — maintaining ₹200 could propel it to ₹212+.
#ApolloMicro #ShortTermTrade #BreakoutSetup #PriceAction #NSEStocks #TradingViewIdea
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.