Get started
swapan-choudhury

5th wave

Short
APOLLO TYRES (NSE:APOLLOTYRE)  
swapan-choudhury Updated   
NSE:APOLLOTYRE   APOLLO TYRES
Wave Analysis
1
1
waveanalysis
Price expected to dip to complete 5th wave, but in higher time frame the stock is bullish and unfolding to complete ending diagonal.
Trade active
Comment:
The swift up move was due to short 5th wave of previous down move. The stock is bullish, its Up move is over price probably come down to the level of 226, 221 then move up again.
Trade active
Comment:
Price may touch 230 level or more then it will take a dip.
Trade active
Comment:
Still bearish down trend is not over
Comment:
Still bearish.
Trade closed manually
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.