APOLLOTYRE On 1H time frame apollotyre has been forming a bullish price channel with possibility of price rebounding from the main trend line. There are two possible setups in the near future: 1) Delivery Setup: Price can rebound from 172.70 with SL at 170.80 and potential target at 185. RR: 6.15
2) Short Setup: Sell at 185.05 with SL 186.65 and TP 181.95. RR: 2
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.