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HarshShivlani
Jun 7, 2017 3:44 PM

Apollo Tyres 3 Bullish Patterns Bonanza Long

APOLLO TYRESNSE

Description

Everything is in the chart.
T1 is given is height of the pole.
T2 is given as cup depth.
T3 is given as rounding bottom depth.

Could keep stop loss at cup and handle breakout level.
P.S : Wait for end of week confirmation on the breakout. Preferable if the breakout is with above average volumes.
Also look for positive signs on indicators like MACD and RSI. (basics are best).
Please leave your opinions/suggestions to improvise this trade.
Thanks.
Comments
InsiderB
very nice setup :)
HarshShivlani
@InsiderB, Thankyou. Appreciate it. Does the SL and Targets look alright or any modifications required in your opinion?
InsiderB
@HarshShivlani, On a good volume - weekly close, I feel its perfect even in respect of Risk:Reward , All the Best :)
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