Apollo Tyre Bullish BiasnessLook at the structure
Volume contraction
Price is making lower highs
whereas RSI isnt making lower high
this is called Divergence
APOLLOTYRE
APOLLOTYRE - Swing TradeAPOLLOTYRE has given breakout from the downtrend resist line with good volume & now retesting the trendline & the support at 215 level.
This support level is a confluence of 50 EMA (4H)/200 EMA (1H) & Fib level 0.5.
On weekly (1W) TF, it formed morning star formation from strong support along with the golden cross (50 EMA crossing 200 EMA).
A possible long position on bullish confirmation with given targets.
Head and shoulder patternSell on breakdown below 225 for Target- 200
Levels well mentioned on the charts clearly, REMEMBER -This is my personal opinion and does not guarantee any success,do your own research before you actually trade in this stock
NOCIL consolidation breakout nocil : after 3 month consolidation
stock SEEM to set for a QUICK run
to 170 /175 area
stop loss 134/137 area seem safe
after it sustain there
it is possible to kiss 190 area tooo
to cross 200 , ideally should take some consolidation
HOW APOLLO HOSP GAVE EASY 1 % ALL THE BLUE LINES WERE PREVIOUS MARKED RSS AND SUPPORT
STOCK MOVEMENT WAS WEAK FOR the FIRST HOUR, SO TAKE SELL CALL
CONTINOUS DOWN MOVE MADE NO CHANCE TO ENTER PERFECTLY
THEN IT CONSOLIDATED FOR A WHILE, TOOK FIBO RSS AND BOOK BROKE FIBO AND SUPPORT
AND THAT IS WHEN I SHORT SOLD FOR EASY RETURN TILL NEXT SUPPORT
APOLLO TYRESIm not an expert im just sharing my views on APOLLO TYRE for tomorrow
Im not responsible for any profit or loss this is not a recommendation
APOLLOTYRE is Making Ascending Triangle Pattern (Breakout Trade)Apollo Tyres Limited ( NSE:APOLLOTYRE ) is Making Ascending Triangle Pattern. This can become a very good trade for intraday traders.
Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or low/high swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your stoploss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your stoploss above the last swing low/high.
Target and stoploss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, stoploss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Apollo Tyres - Low Risk Swing SetupAfter taking support in 200 EMA/SMA APOLLOTYRE forming good bullish pattern.
SL is very Low (126.50)
Apollo Tyres taking Support in 200EMA - Low Risk Swing SetupPreviously Apollo Tyres revers many times rom 200 EMA but this time it taking support of 200 EMA. It can give good move if sustain above 200 EMA.
#lowRisk #Swing #APOLLOTYRE
APOLLOTYRE LONGI hope you can now see how APOLLOTYRE represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
APOLLOTYRE: High Profitable Trading OpportunityWherever it will break out, there it will show high momentum. Because from last week it is contracting.
NSE:APOLLOTYRE
APOLLO TYRES POSITIONAL IDEAApollo Tyres can be bought at CMP with stop loss of 105 or as per one's risk appetite.
Nearest resistances are around 133 and 142 levels so stock can face supply there and those are the price levels where we can book profits.
Also, tyre companies are in focus which can further lift up the trend of the stock.
APOLLOTYRE BULLISH TARGET 113NSE:APOLLOTYRE
BUY WITH A TARGET UPTO 113. WAIT FOR CANDLE CLOSE ABOVE 108.5 ON 15 MIN TIME FRAME.
PROS
BROKE OUT OF SYMMETRIC TRIANGLE
UNFILLED GAP UPTO 114
VOLUME SUPPORTED MOVE
UPTREND
CONS -
MAY RETRACE/PULL BACK.
TAKE THE TRADE IF YOU ARE COMFORTABLE WITH RISK REWARD RATIO
APOLLOTYRE "5" DAY ChallangeExpecting APOLLOTYRE may go down to 88.5 levels within a week
if its Break 96.5 levels
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#Only Consider for Educational Purpose,Trade at your own risk
APOLLO TYRE Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
APOLLOTYRE (Apollo Tyres Ltd) BUY ABOVE 205.5 APOLLOTYRE (Apollo Tyres Ltd) BUY ABOVE 205.5
Price is maintaining the lower trendline any breakout above 205.5 will be a good opportunity to buy or sell.
