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...
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Apollotyres has given a parallel channel breakout, last time it did this there was a good upside momentum
Buy above - 217
Targets are marked above in the chart.
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Apollo tyre, this stock has not seen a deep correction which is typically happens in wave (2), instead, the stock has gone through a phase of consolidation and the weekly macd indicator has turned positive, the recent bullish crossover in the weekly macd indicator boosted the next step of up move which has been started with breakout along with good intensity of...
APOLLOTYRE has been facing resistance at 235-236 level since a long time. It has tested it many times.The more times a stock hits a level again and again , it becomes weak. And can be broke easily.
T- 260 280 300