anuragcoma15

ApolloTyre - Sideways or fall ?

NSE:APOLLOTYRE   APOLLO TYRES
NSE: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
Trade active: Trade trigggered. Stock went below 248.
Comment: Keep SL of 243
Trade closed: stop reached: SL Hit.
Loss -> 248 - 243 = 5
If you traded in 1 lot your loss is -> 5 * 3000 = 15000

Comments

Good trade. Keep SL of 243
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out