praveen.bhatiya

Action/Reaction Head & Shoulder Trade Setup

Short
NSE:APOLLOTYRE   APOLLO TYRES
The stock has broken all time high but could not sustain. AR set is suggesting price reaction at current level. It is forming Head & Shoulder pattern. One can short the stock here for a target of 260 by providing a stop loss of 301 on closing basis.

Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Order cancelled: Closed in small profit.

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