Get started
wearetraders2020

Apollo tyre is range bound and waiting for a breakout

Long
APOLLO TYRES (NSE:APOLLOTYRE)  
wearetraders2020  
NSE:APOLLOTYRE   APOLLO TYRES
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
APOLLOTYRE I have used 1 hour time frame
236 seems to be a very strong support
If market is bullish we can go long at 236-239 for a target of 247 for swing traders and intraday traders wait for breakout at 247.
Some people prefer range bound trading, can buy between 236 to 247 anytime

If we make the time frame to 15 min, more buying opportunities can be seen

Remember : Dont always look for price, confirm with RSI and MACD and SQZMOM indicator along with good volumes
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.