Breakout is already confirmed with successful correction. Good buy above 225 with an SL below 221 for targets of 230, 245 and 260.
Breakout may happen sooner if it breaks upper trend line
The stock is ready to burst up , what do you think?
APOLLOTYRE Buy - Above 237 SL- 230 Target 240 255 265 280 Duration- 4-8 Weeks Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us. Like Us Share with fellow traders Also check the below related ideas for other stocks.
Apollo Tyre has again reached historically important levels. Fib retracement is between swing low on Jan 18th and Swing high on March 4th. Aggressive traders can enter above 228. The best next opportunity is above 232, where it can even pull back at least once. Targets are 240 and 260 respectively. News attached : Tyre prices set to increase due to rising input...
Look at the structure Volume contraction Price is making lower highs whereas RSI isnt making lower high this is called Divergence
script : apollotyre timeframe : 15 minutes pattern : Bull flag
APOLLOTYRE 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...
Sell 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 : 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
this is just for educational purpose: buy above 182.
Can see 159/169/179/189/200 Relative strength XOVER
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
Im 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
Buy only above 116 Target 1 - 126 Target 2 - 139 Stop Loss - 106
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...
After taking support in 200 EMA/SMA APOLLOTYRE forming good bullish pattern. SL is very Low (126.50)
Previously 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