Apollotyres
INTRA-SWING TRADE IN APOLLO TYRES SEPT FUTINTRA-SWING TRADE IN APOLLO TYRES
SEPTEMBER FUTURES
BUY@246
STOP@244
TARGET@250
LOT:3000
QTY:1
SWING TRADE IN APOLLO TYRES SEPT FUTSWING TRADE IN APOLLO TYRES
SEPTEMBER FUTURES
WE ARE PLANNING TO GO SHORT ON CRUDEOIL
SINCE WHEN IT CROSSED $76.8 PER BBL ON BRENTCRUDE
240-48 WAS A BOTTOM WHEN WE CAME $80 PER BBL
LETS TRY THIS TRADE OUT
BUY@255
STOP@247
TARGET@272-278-285
LOT:3000
QTY:1
BTST IN APOLLO TYRES AUG (FUT)BTST IN APOLLO TYRES
AUGUST FUTURES
BUY@267
STOP@264
TARGET@272
LOT:3000
QTY:1
INTRADAY-for JUN 26,2018As the stock is in uptrend on longer time frame,it is safer to long on the support.
Apollotyres,in wake of dynamic resistance and current scenario.Apollo Tyres in a really sweet spot at the moment,both technically and fundamentally.
Technically is evident from chart.
Fundamentally: Tyre manufacturing industry depends on mainly two raw materials. Synthetic and natural rubber. Natural rubber prices have been falling on account of prevailing risk of global trade war. Synthetic rubber is manufactured from crude oil. There have been some tensions regarding crude oil production and a general fear of Hike in crude oil prices which have now been mitigated as OPEC announced a Hike on Crude Oil production.
the HEAT in TYRE stocks may COOL down for a while !!Bfore 16/04.I AM bearish on the overall tyre sector upto MONDAY 16/04 ...& certain levels AS it has given a good run already and should take a pause , correct a bit , retest levels , and then can climb high ! OVERALL THE RAW MATERIALS REQUIRED , SHOULD BE KEPT CLOSE EYES ON !!
Descending Triangle Breakout Triangle pattern is formed when price crosses from trendline to trendline nearly filling the available space. One should avoid the pattern if there is more white space. This nicely formed pattern has given breakout. Mates can use the setup for their trading. Defensively one can wait for a retest on upper boundary.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Short Apollo TyreStochastic divergence & crossover alongwith MACD bearish crossover observed in NSE:APOLLOTYRE . Short it at opening price (259-261), for a target of 254(t1), 250(t2) & 246(t3). A stop loss of 262 is highly recommended.
Swing trade for APOLLO TYRESI see APOLLO TYRE losing strength at every upside rally. Same should continue when it hits 270 zone. The current upside rally does not have strength as visible on 1 hour chart. look when it hits 270 zone. Short sell or buy put of 260.
PF trade at UML Inside Bar.2 down sloping Pitchforks at the same frequency are capturing the price movement nicely. Price got declined after retesting the upper median line has formed the Inside bar which is also suggesting the weakness. If price trades below the low of today's bar one can short the stock by providing the SL of 280 on closing basis. Target expectations Median Line.
Disclaimer : All stock recommendations and comments are my personnel view, please take financial consultancy for trading decision.
Apollo Tyre on a dipBSE:APOLLOTYRE has respected its upper Bollinger range and failed to break the cloud
CMP 250.70
Short below 249
TGT 230
SL 259
Apollo Tyres - Long Awaited Breakout It has been observed that the price action trending downward for past few months and dropped from 290 to 230 levels. Now, the price action breaking above the downward trendline which will indicate a strong buying pressure and buyers comeback. Once it closes above 243 levels then it shall confirm the upward rally from here on and every dip shall become a buy.
T1- 250
T2- 250
SL- 230
Go long on ApollotyresRange formation on apollotyres and having strong support at 235 - 237. Trade levels are mentioned on chart.
APOLLOTYRES Range BreakoutAPOLLO TYRES has been respecting the neckline for a while. currently ranging between two level making a Spring loaded accumulation /distribution Zone.
Whether its accumnulation or Distribution will be decided after it takes a direction , probably on account of the results.
APOLLOTYRES BreakoutApollotyres is making a head and shoulder . now its Ranging on its right shoulder making a triangle.
Currently in breakout reversal zone of the green parallel channels, either to invalidate the right shoulder by moving up or a leg down to complete the pattern
AshokLeyland Watch for Price ActionAshokLeyland Watch for Price Action , Near to Double Top it will come back or wait for breakout
APOLLOTYRES Support BreakoutAPOLLOTYRE is in the breakDown /Reversal zone of its long term Median line.
ALso 618 FIB is acting as a resistance
Apollotyres Intraday or Positional 19-07-2017hi,
where ever break out go that side, maximum chances is upper trend,
Close above 257 it will take 265, close below 246 it will take 239, intraday traders follow same level with 2 points sl
