APOLLO TYRES LTD
Short

Apollotyre Bearish

286
Apollo Tyre ki Hawa nikal chuki hai aisa lag raha he. Puncture ho gaya he. Big bearish engulfing candle at the top and made Double Top formation.
High volume candle low gone by another high volume candle. EMA negative crossover and price is in lower bollinger band. Take entry either on retracement or double top breakdown.
https://www.tradingview.com/x/OmwC6RID/
https://www.tradingview.com/x/j4oGIhLz/
https://www.tradingview.com/x/Zktgsi8s/
Daily RSI is below 60
https://www.tradingview.com/x/JEVfX8F9/
Daily stochastic is in negative crossover stat

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