hi.., 1. Apollo tyre formed bull flag pattern in weekly.., after huge rally in 2020 its traded in rangebound market past 1.5 years 2. now the stock range bound phase done.., 3. also double bottom in weekly breakout 4. buy for swing trade first target 280 target period 4 weeks 5.for investment also gud...
Two Multi-Year Breakout Analysis from same sector with same pattern and strong momentum. JK tyres Apollo tyres
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 275 #This is not Buy and Sell recommendation to any one. This is for education...
apollo tyre is a good breackout and small retest you can buy now in cmp and keep watch 1:3 R:R ratio
Apollotyre making good price action pattern in weekly time frame NSE:APOLLOTYRE This stock making (DOUBAL BOTTOM)pattern and break the trandline resistance lavel of 235.stock also break the supply zhon of 240-248 with big green candel with high volume. today stock gatting retast to resistance brcome support zhon,PEMA(21,34,55) its turn to flat to sloping upside...
After Impulsive move stock corrected upto 0.5% of Fibb Now showing a morning Star at the same area Can go Long with Sl below 0.382 (i.e. 240) approx Initial Tgts 270-285
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high...
Apollo tyre looking good on weekly chart and gives a fresh breakout on curved trendline and it is giving good crossovers and divergence on macd indicator seems it is good price momentum will come in it CAUSE OF LONG 1- Curved trendline resistance breakout 2- Breakout on macd indicator
Short Apollo tyres at 209 with 218 as SL. It took resistance from trendline resistance
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
i have been watching apollo tyres for 2 weeks, what a bullish moment it played over 2 weeks now its time to entry 1) high volume in last candle 2) breaks trend LINE 3) breaks 200 M.A
Apollo tyres after taking support near 167, if this upside continues then target (marked in chart) this is also basis the auto sector is looking bullish supported by M&M and Maruti
NSE:APOLLOTYRE #NSE:APOLLOTYRE TL BO, Levels marked for practice. happy LEarning !!
📈 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...
Coming up with Good volumes.. Good to go above 204.80 Keep an 👀
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...