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NeeteshJain
Long

Apollo Tyre - Big Trendline Breakout

APOLLO TYRES LTD. (BSE:APOLLOTYRE)  
NeeteshJain  
BSE:APOLLOTYRE   APOLLO TYRES LTD.
Trend Lines breakout apollotyres
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3
344 5
trendline breakout apollotyres
It is been observed on the hourly chart that the price action breaks and closes above the previously down trending trendline , indicating a strong bullish move ahead. Now it shall further move up to next resistance levels at 210.

Target: 210
Stoploss: 193

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dev_trader
Hi Neetesh... It was great trade setup... However SL hit. No issues. Is it worth to enter above 195 with SL 190 for target 205?
Reply
nirav5
Looks positive. Thanks. Entire Auto sector can be bullish for next week.
Reply
justDSingh
But it went down a lot yesterday after your Tweet.I had bought a large quantity of 2500 shares.What is the SL? Thanks
Reply
NeeteshJain justDSingh
@justDSingh, SL mentioned is 193, if you could hold longer to 184 -81 levels which is previous strong support then you might be in better shape to take decision on your holding shares. Regards
Reply
rajesh2467
Thanks.
+1 Reply
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