APLAPOLLO trade ideas
One Right Trade's Swing Trade Idea #47 : Buy on APLAPOLLOPlease do like and share the idea in case you find it good and follow it for further updates on it. for benefit of everyone. Also, please comment if you have any feedback. This idea by onerighttrade team is only for study purpose and is not a trading call. Disclaimer is that with this trade , i am adding positions, the previous trade was before i started posting here and is available at our site
APL Apollo Tubes stock analysisStock saw a downside move by forming a H&S. Now, it is near to Weekly Resistance. It has formed a good sharp curve also.
We can Buy it if price goes above 1726.90.
Let's monitor it!!! :)
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APLAPOLLOAPLAPOLLO
BUYING ZONE 1550-1400
SUPPORT BETWEEN 950-850.
EXPECTING MINIMUM 10X (10 TIMES) TARGET IN NEXT 10 YEARS.
Levels on Chart17-09-2019
Huge resistance at 1365-1375 levels..
We might see one more leg down to 1100 levels..
if closes above 1610 and sustains there then 2225 in quick time!if 2230 is also crossed and sustains above it, then put in the multibagger list!!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
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APL Apollo - Range BoundA strong close above 1840 would lead to a good rally. If the stock falls near the lower range, one can go long around 1600 levels.
