Apollo Tube Nice Buy SetupApollo Tube Nice Buy Setup : Cup with Handle - Nice Big Candle with good volume, Support at 21 EMA. Keep 21 Ema as Initial support, Trail With 21 Ema to minimize risk.
Aplapollotubes
APLAPOLLOAPL APOLLO CMP 983
stock had formed cup and handle base pattern
today giving nice breakout
ALL LEVAL MENTIONED ON CHART
Hitesh k
Waiting to add more#APLAPOLLOTUBES
APL APOLLO TUBES
A strong funda stock.
Going through tech correction phase.
Will be keen to see if it takes support at TL (Around 790-800)
If it is weak at TL support too then will wait for 760 to start adding more.
Till 730.
Results soon:
Expecting good Results like it has done for past many quarters.
Merger with Apollo tricoat on the way.
Capex going on.
Risk:
Increase in RM/Steel prices will hurt margins.
#VR
HEAD & SHOULDERS IN APLAPOLLO.The stock has provided a retracement to the neckline of the H&S pattern.
If the neckline is broken with a confirmation candle, it could provide a perfect entry.
Targets should be measured on the basis of the top & neckline of the pattern.
APL Apollo Tube in channelAPL Apollo Tube in channel, can go up to upper channel, volumes are good indeed.
AplApollobased on 8 yrs parallel channel now time has came for aplapollo to take some breath
let it consolidate for 3-6 months
APLAPOLLO trend followAPLAPOLLO is following this trend it may, you can follow the trend from this also or if it'll break downside then leave it.
If it is forming a green candle in the next trading session it'll give a good profit within 2/3 weeks.
Long on APL APOLLO TUBESAfter Bonus issue share last week & Evergrande crisis correction, strong bullish candle formed with aMorning star pattern after bounce from support. Can reach 915- 1065(ATH) in a few sessions. Moving in a strong upward channel.
Trend Analysis - Bounce from SupportChart is self explanatory.
APL Apollo has been trading in a channel pattern and is expected to continue this. Strong bounce from support and decreasing MACD divergence with key RSI level 40 kept further strengthens the conviction.
This is only for Educational Purposes and not a Trading/Financial advice.
Thank You ^_^
APOLLO TRICOAT EXPECTING STRONG UPSIDE MOVEMENTAPOLLO TRICOAT IS IN A STRONG BULLISH UPTREND EXPECTING UPSIDE IN LONG TREND .
The stock is moving in arising channel .
The movement is strong.
Stock fundamental are strong .
Time for next Rally? Price Action AnalysisOn the basis of technical Analysis , Aplapollo seems ready for the next rally. Keep a watch on it.
Long trade APL Apollo TubesPrice Action can be seen at the support of the trendline for a conformation you can wait for a day closing above 5MA.
APLAPOLLO : Reversal possible APLAPOLLO : Reversal possible
- Filtered from Strategy#2
- Volume increasing during downside
- Demand zone can start any time
- small risky, but reward would be good.
- only for Risky traders
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Apollo Tubes BreakoutApollo Tubes breakout retest and continuation. Looks good for positional at current level.
Chart of the Week (19/06/2021)Accumulate APL Apollo Tubes above Rs.1425 for excellent returns in the medium to long term. Keep Rs.1425 as stop loss as well.
APL APOLLO TUBES: 3 month VCP FORMATIONVolatility contracting from left to right.
Buy Range: 1371- 1440
SL: 8% Max
Target: 30%
APL APOLLO TUBES🍁 Short + Long Term entry possible 🍁
enter if possible @955-920 range ❄
sl below 880❄
trgt 1100-1200❄
long 1500-2000++ ❄
stock in a accumulation mood 🏋️♀️🏋️♀️
just check it's delivery percentage.❄
highly postive👌👌
any time It can blast.....🚀🚀
so keep watching guys....❄
study🙏
about business(#copied)
❄ APL Apollo Tubes Limited (APL Apollo) is one of India’s leading branded steel products manufacturers.
❄The company has well diversified operations with product portfolio comprising of 4 primary products with different specification as per the customer need in each primary product category. the categories are:-
The categories are Apollo structural (63% of revenues), Apollo Z (18%), Apollo Tricoat (15%) & Apollo Galv (4%). The products find their use in buildings, houses, warehouses, factories, skyscrapers & industrial & agricultural activities.❄
