nextgen

Apollo Tyre to retest the support

Short
NSE:APOLLOTYRE   APOLLO TYRES
Apollo Tyres seems to have entered in to up trend, it made breakout breaking the bearish channel and it closed today exactly at 50% fibo level. the stock today closed with bearish sign (dark cloud cover).traders may enter short for tomorrow and buy at when it retraces to support (buy on dip).
Trade closed: target reached: Apollo Tyre target hit