Cup & Handle Chart Pattern Breakout | APLAPOLLO⭕️ Price Action Analysis Alert !!!⭕️
FOR EDUCATION PURPOSE ONLY!!!
✅Overview of APL Apollo Tubes Ltd.
👉It is India’s leading manufacturer of structural steel tubes and hollow sections, widely used in construction, infrastructure, and industrial applications
👉Focused on substituting traditional building materials with advanced steel solutions.
✅Fundamental Analysis
📍The company maintains healthy profit margins due to cost-efficient operations and strong pricing power.
📍 Managed to keep its debt under control, maintaining a strong balance sheet.
📍High ROE and ROCE
📍Stock valuation due to strong growth potential, market leadership, and consistent performance.
✅Technical Analysis:
1️⃣Cup&Handle chart Pattern Bo
2️⃣Supporting Volume
3️⃣Supporting EMA
4️⃣BO Confirmation
5️⃣Strong Support
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🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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Aplapollotubes
APL APOLLO TUBES - Symmetrical TriangleAPL Apollo Tubes recently formed symmetrical triangle and expecting the breakout in upcoming days.
1. If price break and close above lower top (downtrend line) then buy order will be initiate
2. If price break and close below the rising support then sell order will be trigger
Thank You
Arvind Yadav, Cfa
Arvind Share Academy
APLAPOLLO : Long setup with huge upside Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: APLAPOLLO
🔍 Description: Stock is in a pattern and now near to the support level.
View is bullish if support is intact.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Momentum coming back in AplApollo?1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
AplApollo is coming down since Feb'23 but from last few days interest seems to be coming back in this share. It is a buy with a stop loss around ₹1100.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
APL Apollo Tubes LimitedAPLAPOLLO:- Ascending triangle pattern has been formed and breakout has been given, if the up side sustains, we may see upside movement, keep eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Possible Swing Trade - Breakout of Resistance - APLAPOLLOAPLAPOLLO- Resistance has been broken & Current trend is Very bullish. but it may have been a false breakout; thus, only intend to buy above 1195.
Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below.
Thank you.
APLAPOLLO has done flag breakout with high volumeAPLAPOLLO NSE:APLAPOLLO is uptrending stock in tyre manufacturing industry.
Considering consolidation from long period since september 21, stock has made breakout today with high volume.
RSI is also crossing level of 60 which shows bull are aggressive in buying and seller are requiring premium to sell.
looks like Stock has completed A-B-C correction and may start new impluse as per elliot wave principals.
Generally if there is followup then upside 40% is seen in this stock.
Kindly do your own analysis and follow your SL.
Please like, share and follow to get more stocks ideas and technical content.
Plan APLAPOLLO for Long Term Short TermDisclaimer: I am not a financial advisor, all information shared are ideas shared, take your entries based on your own analysis or taking advise from your registered financial advisor. We are not responsible for your profit or loss if you take up idea from this chart.
Looks good for Bullish run.
APLAPOLLO - DOUBLE BOTTOM BREAKOUT 📊 Script: APLAPOLLO (APL APOLLO TUBES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY METAL
📊 Sector: Capital Goods
📊 Industry: Iron & Steel Products
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 Already crossover in MACD.
📈 Already Crossover in Double Moving Average.
📈 Right now RSI is around 75.
⏱️ C.M.P 📑💰- 1119.95
🟢 Target 🎯🏆 - 1217
⚠️ Stoploss ☠️🚫 - 1054
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!🥂
🇮🇳 Happy Independence Day 🇮🇳
YR 2022 Idea #87: Long on APLAPOLLOThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
APLAPOLLO | Good for Long NSE:APLAPOLLO
Cmp : 994
Target : 1113
Stop Loss: 948
Risk Reward Ratio = 1:3
Closing Above 1003 will give a 10% + Move.
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
APL Apollo Long Term Investment as well as Short Swing for 1-2MAPL Apollo is trying to make a Head & Shoulders pattern on Weekly Basis and if the Path of the scrip is right then we can expect APL Apollo to be trading near 1100 levels 1354.75 looks to be Support / Resistance in the long run and 1436 looks heavy resistance.
Also have a look at the dates mentioned the period from 23 Apr till 1 May will be really Bullish for the Scrip!
BUY AT SUPPORT LEVEL OF APLAPOLLO !!!#WEDNESDAY#
NSE:APLAPOLLO
Follow @VK2413
BUY :- APLAPPOLO !!!
{
TARGET:-910-920
SL:-820
};
WHY TO BUY ??
{
VOLUME of past two months consists more bought compared to sold.
it's at its major SUPPORT level of 820.
it never broke 820 from past six months (ON WEEKLY CHART).
it always bounced back from its SUPPORT.
METAL sector is on FIRE!!
it's the MARKET LEADER even despite of TATA STEELS !
it delivered more than 100% in an YEAR 😯😌...!!!
According to my research and knowledge, it's going to boom for Short-Term.
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
} HAPPY TRADING;
APLApolo Again in Buying ZoneFavorite Stock again in Buying Zone, initiated Long for Target of 1175
1. After competing Wave ((3)) Black and making peak on 16-DEC stock gave 3 wave Regular Flat correction to complete (C) in Blue
2. During this Flat correction have reached 100% retracement of (A) Blue from Wave (B)
3. With the Blue Marked zone it is now expected to give at least a 3 wave up reaction or Reversal of trend so as to form Next Impulsive wave ((5)) Black.
even if it wants to resume its Downtrend it is expected at least to give 3 wave up and with that we can have opportunity to book 50% of Qty and make our position RISK Free at marked level and hold balance 50% for higher target.
4. Worst Case scenario if it Doesn't give 3 wave Bounce from this Blue marked area and goes below 805 level we will exit our position.
Please Access and understand Risk and trade accordingly as per your RISK appetite.
MARKET IS NOT IN OUR HAND Hence Its not important to be correct in Trade, However ONLY KEY is that How we manage our RISK and Trade.
Disclaimer:
This is not a trading recommendation and is only for academic purpose, if you want to trade please consult with your Financial Advisor before entering into actual trade.
WISH YOU A HAPPY and PROFITABLE TRADING
Institutional money - Volume speaks a lot!Apl Apollo is one of the leading companies in Indian Steel sector.
I had some previous posts on it as well, which played out well for me.
The key aspect is to put urself in those big shoes and think like an Institution.
The key problem if you are an institution and want to buy a sizeable portion in a share is LIQUIDITY.
How will you get enough sellers to buy shares from?
Notice how on 11th Nov at 902 level,
One MF house Sold its position in APL Apollo while another Bought it.
One created Liquidity for the other.
Similarly on 20th December, Two MF houses did the same routine.
To understand how this impacts Volume, we need to understand what VOLUME is!
VOLUME of a day is simply the number of TRADES that took place on that day.
It doesn't mean that there are more buyers or more sellers, simply that N number of buyers and sellers did a trade.
Now MF Houses do this in a very large amount, and this drives up the volume.
If you have been in the market long enough, you would have definitely noticed that
Price tends to return back to the Institutional Buying Level after a short Impulse -
The Retailers usually buy in the rise and then when share prices fall down to original levels, they exit their positions to avoid further losses or simply put, their stop losses get triggered. This creates LIQUIDITY for the Institutions to fill their partial positions at the same price after offloading them to retailers previously at the top.
In this particular case,
There are a number of green flags.
Share Price bounced from EMA 100 - which has been a strong support all along.
RSI 30 - the usual bounce level and MACD Divergence decreasing
Prices are again above EMA 50 which has been a key level in rising trends for this share.
In previous 4 occasions when this happened, the share went on to make a Higher High.
I am expecting some upside here as well.
This is not an Investment Advice. Only for Educational Purposes.
Thanks for reading!