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APOLLOTYRE: Channel pattern breakout

Long
APOLLO TYRES (NSE:APOLLOTYRE)  
RainbowTraders Updated   
NSE:APOLLOTYRE   APOLLO TYRES
Chart Patterns Parallel Channel APOLLOTYRE
4
0
chartpattern parallelchannel apollotyre
APOLLOTYRE breaking out the resistance of channel pattern and sustained the level. Considering the consolidation above resistance signifying the quick up-move followed by the consolidation.

Entry: 241.50
Stoploss: 233.20
Target: 259.95
Trade closed: stop reached:
Exited at stop loss level

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SPENCERS: Sustained breakout above resistance
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