Apollo tyreIts great opportunity to catch the trend b4 its trendy. Guys MACD BULLISH CROSS over is in near term. All important level mentioned on chart. Its for your support only. You can paper trade on it.
APOLLOTYRE trade ideas
Apollo TyresClosed just on the trendline....
Sustain above green line - Advantage Bulls
Sustain below red line - Advantage Bears
Results still two weeks away...
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Swing Opportunity in Apollo TyresGo Long above 224.65 for Targets of 236.25, 247.85, and 259.45 with SL 213.05
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. There is a Trendline (marked with green color) which is providing strong support to the stock.
5. In addition to this the stock has given Trendline breakout.
Apollo tyres : Triangle pattern (Time frame-1Week)Apollo tyres : Triangle pattern (Time frame-1Week)
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Chart time frame -1 Week
Trade type -Short term
Duration - 3 months
Entry - 245
Target 1 - 290
Stoploss - 218
Risk : Reward - 1:1.6
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Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investement advisor. Please Trade and invest based on your knowledge and risk profile.
Apollo TyresApollo Tyres , breakout of symmetrical triangle and it gave a retracement and also corrected when nifty corrected , can go for long
Appollo tyres inverted head and shoulder patternInverted head and shoulder pattern
Details are in chart
Stoploss lower end of shoulder
Journey From BEAR to BULL...LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysi
#ApolloTyres H&S pattern#ApolloTyres H&S pattern
Fresh long above supply zone
CMP:225.70 @20 October 2021
APOLLOTYRE: Channel pattern breakoutAPOLLOTYRE breaking out the resistance of channel pattern and sustained the level. Considering the consolidation above resistance signifying the quick up-move followed by the consolidation.
Entry: 241.50
Stoploss: 233.20
Target: 259.95
APOLLOTYREIt has taken a support at 200 MA.
Can give a good move above 221 for targets of 230 and 240
Apollo Tyres 20% possibilities UpSideAPOLLO TYRES
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Good volume on the weekly trend. The Weekly RSI index is also approaching 70 and the current value is 60. Weekly CnH and Double Bottom.
Buy above 250 SL 218 (-13 %) /191(-24%)
First target 306 (25%)
Second Target 449 (80%)
Educational Purposes Only.
Breakout and retracement from inverse head and shoulder pattern Stock has given breakout at the levels of 239 and retraced back .Target1 will be 255
APOLLO TYRE DAILY CHART FOR SWINGGo long on Apollo Tyres, either at supports or after breakout.
Tar 1 : 245
Tar 2 : 260
Tar 3 : 280
'APPOLO TYRE' INTRADAY OPPORTUNITYBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
APOLLOTYREApollo 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 volume in daily time frame, wave structure also suggests the same direction of upside, one can go long at these levels or in dips ( if any ) with mentioned key levels on charts.
key levels and wave structure
breakout candle with good intensity of volume
another view of breakout head and shoulder pattern too
another view of breakout flaf and pole pattern
breakout with bbc
macd in weekly
macd in daily
rsi in daily uptick above 60
dmi adx positive ungali setup
Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
APollotyre breakout can happen analysed on 11 oct 2021Can be breakout
Good volume
Rsi crossing 60
First resistance 260
Target 60 points i,e 300
Apollo tyre - bullishweekly charts "W" pattern breakout on cards.
Inside bars since 1st feb green candle.
for education purpose only.
Apollo Tyre-Flag BreakoutApollo tyre has given a flag breakout on weekly time frame. Could move upto 300 levels and beyond that upto 400+ levels also.
#Apollotyre long (11 Oct)#Apollotyre long (11 Oct)
Around 9 months consolidation is over
Buy at CMP-235
SL- 218
Target- 260, 284, 308
Apollo Tyre breakout is possible in short periodApollo tyre has been following the triangle for the past 3 months and you can expect a breakout anytime, now it has retested and possibilities are high to give a breakout in the coming days
APOLLOTYRE - Ready to breakoutAPOLLOTYRE 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.
APOLLOTYRES
Buy-Above 235
Sl-220
T- 260 280 300
