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Apollotyre | 40 % return |stock near support area BUY SETUP !

Long
NSE:APOLLOTYRE   APOLLO TYRES
Weekly Analysis on Apollotyre | Swing Trading |

CMP= 172
1st Target = 194
2nd Target = 235
Stop-loss = 128
Lot Size = 5000
R:R = 1.5

1) Trendline break with a good volume .
2) Stock is now at major Support.
3) Volume is more than enough.
4) Stock is now at Uptrend since April.
Trade closed: target reached: 1st Target is achieved 🎯

Bought @ 172
1st target @ 194
Points earned = 22
lot size = 5000
PROFIT booked =1,10,000 per lot
Comment: Another Breakout happened ...check it out , stock is rushing towards our target
Trade closed: target reached: Bought @ 172
2nd target @ 234.50
Points earned = 64.45
lot size = 5000
PROFIT booked = 3,20,000per lot or ((38 %))