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#ApolloTyre Positional Long

APOLLO TYRES (NSE:APOLLOTYRE)  
TradersVenue Updated   
NSE:APOLLOTYRE   APOLLO TYRES
Trend Analysis Chart Patterns
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trendanalysis chartpattern
#ApolloTyre taking support near its demand zone of 161-162 and bounced to 167.9. Stok can revisit 192/196 levels in near to short term if it breaks out above 170 on closing basis. One can accumulate it in cash segment with protection. Can add more near 157/150/145 levels with hedging.
Comment:
Stock rallied from 166-177 before correcting again. Stock looks good for entry near its demand zones with protection.
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