📈 Apollo Tyre 📉
My Findings :-
1. Breakout from a swing high and Resistance Zone.
2. Close above March high.
3. Higher High and Higher Low formation.
4. Auto Sector is in Uptrend.
Bias- Long
Target- 227, 243 and 259
SL- 187
RR- 1: 2
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult...
Apollo Tyres
Stock on weekly chart trading at its strong resistance zone from past 3weeks and looks now will break this levels
Also on daily chart formation of Adam-Eve bullish pattern.
If this resistance line will break then it will definitely test its 5 year old trendline.
Can be buy above 207-210 levels on closing basis for swing targets of 220 to 230...
Apollo Tyre CMP 195.5
This are two charts ,
Left side is weekly and on right is daily chart ...
Weekly chart is still in sell and
daily chart it has broken trend line
with inside doji...
Also Apollo tyre has completed abc correction as mentioned...
price when trades below 195
SL would be 201 ,
dont be surprised to see price moving towards 165 and below levels...
Hello, apollo tyres short-term swing trade buy: 197 target: 221 stoploss: 189.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd pattern level 0.886) stoploss is taken low of resistance candle. Stock looks solid for swing trading. ...
Price getting ready to break the box with strong green candles after making a double bottom, this indicates this time it will definitely break the box and reaches the next resistance levels as marked.
If CNXAUTO breaks the ATH then these Bull stocks also moves along with that flow, choose your stock easy !!! :)
NSE:APOLLOTYRE
buy near 233 - 236
only risky trader can enter now at 240-243
SL closing below 225
T 247, 260
above 260 as weekly flag can see 280 & 320
Apollo Tyres Ltd - 07.01.2022
The stock is trading @ 233 levels
There is a strong resistance zone @ 239 levels
The prices are above ema
There is a Triple MACD Bullish Divergence in Weekly Chart
Stochastic is overbought
RSI is overbought
watch out for the price actions
Breaking out of the ending diagonal , Apollo tyres is all set to resume its lager uptrend. For short term buy with SL of 213 & look for the target of 235-240
Hello guys, hope you are doing well.
Apollotyres has given a parallel channel breakout, last time it did this there was a good upside momentum
Buy above - 217
Targets are marked above in the chart.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good...
