raj_rishav

Apollo Tyres - Fib Retracement Levels

Long
raj_rishav Updated   
NSE:APOLLOTYRE   APOLLO TYRES
The stock finally completed its retracement to 0.618 levels today
Some consolidation may happen here - depending on how NIFTY behaves.

Buy above the high of today, 118.2 for 120 as the immediate target.
118.2 should then function as support for rally to 130 & beyond with some consolidation happening around it.

Comment:
No trades triggered
Trade active:
Buy triggered at 118.2 on retracement from 199 for target 120
Comment:
SL at 117
Trade closed: stop reached

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