Apollo Tyres - Bullish Breakout Long

APOLLO TYRESNSE

Description

⋅ Jun 28, 2021 2:02 PM

Apollo Tyres had given a clear bullish breakout after a retracement, so give an entry with appropriate Stop loss

Aggressive traders enter at the breakout and conservative traders may give entry after retracement

After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade

🔴DISCLAIMER

***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******

Comments

susobhanghosh007

⋅ Jul 3, 2021 7:53 PM

i have bought 3lots 230 ce @rs 8.15..i am in loss should i wait or book loss??

PrakWorld_Traders

⋅ Jul 4, 2021 4:47 AM

@susobhanghosh007, Hi brother, always keep a strict stop loss of 5 to 10% from your capital. I guess you are almost 16% in loss

The stock is moving upside but in a sideways market, so due to time decay we may lose our capital

Check market on Monday, if it is going to be the same as sideways market...sorry to say, kindly book your lose

Always buy stock options, that have high momentum and put your loss strictly. Please