Head and Shoulder pattern formation in Apollotyres
HNS formation complete in Apollotyres
Stock is in process of retesting neckline at 220 to 222 Zone. Once retest this stock could move higher.
Buy in staggered manner till 215 level with SL @ Rs 199 Closing basis
Do your own analysis before investing.
Fundamental reasoning is that Promoters are aggressively accumulating this stock since last 1 year. This gives confidence on the business front.
Stock is in process of retesting neckline at 220 to 222 Zone. Once retest this stock could move higher.
Buy in staggered manner till 215 level with SL @ Rs 199 Closing basis
Do your own analysis before investing.
Fundamental reasoning is that Promoters are aggressively accumulating this stock since last 1 year. This gives confidence on the business front.