APOLLO TYRE LONGInitiate long positions above 160 for a target of 185, 200 with an SL of 146 weekly closing basis
Apollotyres
APOLLOTYRES, I believe the worst is left behind now.Had a corrective 5 wave fall on higher time frame, now doesnt look like its falling any more, Unless there is some unaccounted news (which obviously is always a risk in the markets) It will continue to rise.
Yesterday there was volume buying, today its showing a 61.8% retracement and holding it so far. I cannot guarantee about the Time-To-Targets, but I strongly believe that it should stay above the cmp. A sl mentioned on chart should be maintained.
Note, This is not a recommendation. Do your analysis and calculate your individual risks/
P.S, not my regular zone trade.
Apollo tyre - MonthlyApollo hospital - daily
Fib .618 support @ 154
previous support zone - 140-150
rsi holding 40 levels
Major support zone @90-96
Short APOLLOTYRESAPOLLOTYRES - Sell only after it crosses 160 for the target of 140 and 130. SL - 170.
APOLLO TYRES ANALYSISIF THE CURRENT FIBONACCI LEVEL IS NOT SUSTAINED AND CANDLE CLOSES BELOW 162.45 TARGET FOR SHORT SIDE IS 148.65 STOP LOSS IS 170
Apollo Tyres Trend Analysis & Trade Setup !!TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 6 to 10 times.
APOLLOTYRE ShortApollotyre is at the point of intersection of a downward trend line and a support/resistance line. High possibility of a down movement.
APOLLOTYRE Delivery Setup & Short Setup [Intraday] NSE:APOLLOTYRE On 1H time frame apollotyre has been forming a bullish price channel with possibility of price rebounding from the main trend line. There are two possible setups in the near future:
1) Delivery Setup: Price can rebound from 172.70 with SL at 170.80 and potential target at 185. RR: 6.15
2) Short Setup: Sell at 185.05 with SL 186.65 and TP 181.95. RR: 2
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
APOLLOTYRE Short Setup [Intraday]NSE:APOLLOTYRE Expected short possibility on the break above 173 at 174.65 with SL at 176.15 and TP at 171.70
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
APOLLOTYRE SUPPORT AND RESISTANCEAPPOLOTYRE has just started the upper momentum from a continous day downfall from higher levels, APOLLOTYRE must face first INTERIM RESISTANCE at 166 followed by the FINAL RESISTANCE at 176 on the other hand the INTERIM SUPPORT is placed at 153.70 followed by the FINAL SUPPORT placed at 144. Please trade cautiously and consult your financial adviser before trading. You can also join our telegram channel by /OPTIONSCALL free where you will get daily INDEX and Options CALLs
APOLLO tyre is in downtrendALREADY IT CROSSED SUPPORT ZONE STRONGLY AND ALSO IT HAS STRONG BEARISH MOVEMENT SO IT WILL GO DOWNTREND UNLESS IT FORM STRONG BULLISH SIGNAL.
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.
