APOLLO TYRES - Strong Accumulation
Apollo Tyres is in a range bound where we can spot strong accumulation. Price takes good support at previous resistance zone. One can accumulate when the price is in the accumulation zone and as the price breaks the high of the mother candle we could see some good up move with momentum.
Price might stay in this zone for a few days. More the accumulation time, stronger will be the breakout momentum !
Please trade considering your risk appetite !
Price might stay in this zone for a few days. More the accumulation time, stronger will be the breakout momentum !
Please trade considering your risk appetite !
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.