Pennant breakout and now retesting breakout trendline with strong rejection.
Apollo TYRES had a descending triangle breakout with volume and a retest at 224 levels. A good 4R swing trade, enter around 224-225 to enjoy targets up to all time high. Also it showed a good support at 55 EMA and retested at POC (Point of control) aka highest volume zone. A pin bar shows rejection from sellers and buyers win here. Keep SL below the 55 EMA. It is...
Since the market consolidating for more than a year we can expect some good rally target 240 /260
Strong breakout after 6 months of consolidation in triangle pattern. As the auto sector is dragging up , now it's the time to catch the rally.
Apollo tyres breakout from this triangle pattern. Swing traders plan this with sL below bo area.
APOLLO TYERS trading on triangle pattern exerting to break upside for complete the pattern now its trading on down trend target will be 200... LAUNCHING SUB BROCKER SOON SUPPORT US... SUPPORT : LIKE AND FOLLOW
Breakout is already confirmed with successful correction. Good buy above 225 with an SL below 221 for targets of 230, 245 and 260.
While I made some money in shorting apollo tyres recently, on a zoomed-out view this looks like a large flag and pole pattern. Two large targets of 400 + and 600+ are visible. Just fyi I am not bullish on auto sector for a while. I hope apollo tyres has something up their sleeve which can pull this out. This is just a chart pattern discussion. Please trade your...
After Long Consolidations Stock taking support at Trend Line & Rising Volume Suggest it may cross & Retest POC and start Edging Higher Tgt of 250/270 may be seen soon
Buy @210, SL-208.5, TGT-212.5 Sell @205.5, SL-209, TGT-206/205.5
NSE:APOLLOTYRE APOLLOTYRE which was Trading in a down channel has gone bearish and gave a breakout on downside of the channel below 207.5 the stock has high chances to fall till 200 and if 200 breaks which has most PUT writing then more fall is expected Currently Selling pressure in Major indices and fear mood of market would Help us going short on it. Also...
After a good uptrend Apollo Tyres was in consolidation which is making a flag and pole pattern. We can see the breakout of this pattern and a very good uptrend. So keep an eye on this stock for a swing trade. Comment down your thoughts below.
Apollotyres breakout soon target 260 rs because of technical shart showing chart pattern breakout soon and recently quarter result is good so probability chances is high for my target level 😍⭐⭐⭐⭐⭐
VCP at play for long Stock may blast upside if breaks with high volume
apollotyre chart analysis for intraday and swing trading
tyres sector looks bullish as uou can see smp is the support of apollo tyres which can any time shot up for 235+ the reason behind this y tyre sector is bullish is ceat future plans and i have also attached ceat chart analysis you can check it and if you liked this idea press the like button
Buy at 223 NSE:APOLLOTYRE