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srihari_dr2696

APOLLOTYRE - Bounce back -- go long

Long
APOLLO TYRES (NSE:APOLLOTYRE)  
srihari_dr2696  
NSE:APOLLOTYRE   APOLLO TYRES
Support and Resistance Fibonacci Trend Lines apollotyres buysetup shorttermbull niftyauto NIFTY
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supportandresistance fibonacci trendline apollotyres buysetup shorttermbull niftyauto nifty
The stock has retraced completely and it is likely to test the fibonacci level of 23.66% ( Rs 222)
The stock has a support zone around 200
Aim for a target of 218 and then 222
SL - 205

Comment: T1 done
Trade closed: target reached: T2 achieved