ApolloTyre - Sideways or fall ?

Sep 24, 2017

APOLLOTYRE is making a bearish triangular pattern
It can give a good fall starting tomorrow. However if the base trend line of triangle is not broken then the stock will move into sideways trends for some time. Inn that case it may not be good bet for the expiry.


Monday's trade for sept expiry: Sell below 248. SL 252. Overall (not limited to expiry) Tgt 227
OR
Buy above 255. SL 251. Tgt 262

Sep 26, 2017

Trade active

Trade trigggered. Stock went below 248.

Oct 5, 2017

Note

Keep SL of 243

Oct 10, 2017

Trade closed: stop reached

SL Hit.
Loss -> 248 - 243 = 5
If you traded in 1 lot your loss is -> 5 * 3000 = 15000