Apollo Tyres1. Price near 52W H 343.05 (-2.4%)
2. Build Up near Resistance
3. Multiple tests of Resistance
4. Higher lows into Resistance usually result in a breakout
5. Volume is above average
6. Close above LMH 324.85
Educational purpose only
Apollotyres
LONG on ApolloThe reversal candle at the bottom has picked up more volume today & making a push for the top trying to get back into the trendline.
STOCKS TO KEEP ON RADAR FOR INTRADAY + SWING NSE:GRANULES
Stocks to keep on the radar for this week
1. Granules
2. Apollo tyers
3. Pvr
4. Indus tower
5. Bata india
6. Indigo
All stocks have a bearish bias and the analysis is explained in the video
This is only for educational purposes only.
Always trade with stop-loss.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy Trading!
APOLLO TYRE - DAY CHART - 05.1.2023 - BAHAVAN CAPITALAPOLLO TYRES as per Day Chart Analysis Stock
ABOVE 340 TARGET 350.
Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr.
Nifty 50 has a good support at 17835 / 17771
Bank Nifty has a good support at 41951.
So lets see whether these support levels helps the nifty and bank nifty to bounce back.
Normally Friday is often considered to be a profit booking day and considering two days of sell off. There might be a brief consolidation at these support levels by tomorrow.
So lets see how this week ends... Happy Profitable Trading to all...
Apollo tyres looking good for positional gainsApollo tyre is giving BO on DW & M time frames. Although it has become little expensive but one can think of it for short term gains.
Breakout on Apollo TyreIn this chart, I have found a breakout on Apollo Tyre. price faced resistance the market zone on Sep and Nov. Hence, these zones are now to be treated as important support zone. But still it is a simple analysis only and not an recommendation. Please do trading / investing with your own respnsibility. This post is only for educational purpose.
All-time high breakout in Apollo TyresChart -> Apollo Tyre Weekly
An all-time high breakout in Apollo Tyre.
CMP: 320
Targets: 372, 453
Good range: Around 300
SL: 271 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
APOLLO TYRE - DAY CHART -02.12.2022 - BAHAVAN CAPITALAPOLLO TYRE Posted on 28.11.2022 ABOVE 314 TARGET 320. Today 02.12.2022 Stock made a High 320 and closed at 319.
Happy Profitable Trading to All...
Apollo tyresApollo tyres, is looking currently in good momentum upside, it has broken resistance trendline along with good intensity of volumes along with challenging upper Bollinger band, also trend indicator macd is supporting same trend right now.
As per Elliott wave projection it shows possibly we are in wave 3rd of wave 5th on daily time frame, which is a cautious sign to be ready for profit booking phase in near term and be very alert to book profits at near targets, also RK's mass psychological indicator is suggesting to go long, some highlights are shared below one can go through them to understand this study.
wave structure possibilities on daily chart
RK's mass psychological indicator signals positive
chart pattern breakout with good volumes
macd in daily positive crossover above zero line
macd running positive in weekly
rsi breakout in daily and its uptick above 60
price challenging upper bands on daily chart
dmi adx positive strenght
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
APOLLO TYRE - DAY CHART - 28.11.2022 - BAHAVAN CAPITALAPOLLO TYRE as per day chart analysis Stock ABOVE 314 TARGET 320.
Happy Profitable Trading to All...
APOLLOTYRE - Ichimoku Bullish Breakout Stock Name - Apollo Tyres Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 315
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
APOLLOTYRE: Breakout Strongly APOLLOTYRE: Apollo Tyres Ltd
PC-A = PC-B = PC-C
Exactly Same
The pointing arrows showing how well the script respected the Support and Resistance of the PCs
#WondersOfPC
Technicals:
• Today's candle showing Strength in Bullishness
• Taller green towers in volume indicating strong built up for breakout
• RSI entered in 60 Zone
• Relative strength is in green
Levels for positional trade:
Entry levels: 305-310
In my view, todays closing above 305 will give the confirmation for breakout, as earlier candles on 8th & 9th Nov have triggered and tested the resistance.
Target: 1st, 335, then 365
SL: 289
Apollotyre Long opportunity Apollotyres looks bullish, Price rejected from all time high supply levels and
Price is trying to cross all time high again with good volume,
Higher time frame candles also looks strong and there is small cup pattern in daily time frame,
we may see price breaking all time high and move towards 315/330 levels very soon or
it may consolidate some time and go to higher levels.
APOLLO TYRE_Rounding Bottom?APOLLO TYRES Seems like a Rounding Bottom not yet activated. If price sustain above the engagement line 294. It will move higher. refer the target.
APOLLOTYREAPOLLOTYRE:- keep on radar. 5 year breakout if break the level 308.25.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
APOLLOTYRENSE:APOLLOTYRE
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Apollo Tyre to take long entryLong Apollo Tyre above 290 after the Break out level, for the next target level of 315-320 with SL 0f 279. Stock making higher highs on the long-term chart. RSI Also making positive divergence & moving above 60 is again the bullish sign. This is for your educational purpose only.
APOLLOTYRE W Pattern (Double Bottom)NSE:APOLLOTYRE
#NSE:APOLLOTYRE formed beautiful double bottom (W) Pattern.
Levels marked on chart for study.
bullishpurely based on trendline breakout
one can go long on candle close above 278
keeping stop and target based on risk appetite
disclaimer - trade @ own risk
Apollo tyres looking good Apollo tyres stock is on their important level also price formed a rising wedge pattern
APOLLO TYRES BREAKOUT LongHello Everyone,
This is the chart of Apollo Tyres in a Daily timeframe.
I have entered the stock around 227.
Reaason for my entry was
Weekly TF (bullish flag) Breakout
Daily TF (W-pattern) Double bottom - Neckline Breakout entry
Cup and handle (breakout) in Weekly TF
hoping for a very good move upside
closing above 260 will be a good sign for the stock to go upyo 300 and 400 in future.
