APOLLOTYRE got a pole flag breakout recently and it is having a good consolidation after breakout. It has a gap to fill at ~255 in daily chart which I think it would fill before going up again.
the target comes as ~422 in flag pole breakout target and the price has a resistance ~416, the selling pressure would be seen there.
It can also be a very good long term stock as the parallel channel top gives a huge return.
the target comes as ~422 in flag pole breakout target and the price has a resistance ~416, the selling pressure would be seen there.
It can also be a very good long term stock as the parallel channel top gives a huge return.
Trade closed manually:
the stock has worked in proper way. it might go into in correction zone soon as RSI is very hot.. after that it can go to the channel top.