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APOLLOTYRE trade ideas
Apollo Tyres-Triangle BreakoutApollo Tyres breakout from the triangle pattern. Keep this on your watch list . Safe traders can enter after retesting the trendline
Note: This is only for educational purpose
[ INTRADAY ] APOLLOTYRE LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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ApolloTyre ready to break the triangle pattern ApolloTyre is ready to break the triangle pattern.
1. First yellow trendline is a break. Target at 235.
2. The Second Read trendline breakout is done at 235 targets at 250.
3. The third normal breakout that happens at 250 targets will be 260.
4. Once the fourth normal breakout happens at 260 then the target will be 300.
Stoploss at 200.
It's a very small breakout level and microanalysis of the stock.
Happy Trading!
Apollo Tyres LongSince the market consolidating for more than a year we can expect some good rally target 240 /260
FOR LEARNING PURPOSE ONLY1.The Stock Has Given Breakout.
2.Volume Is Also Good.
3.If Sustains Above The Trendline Than Can Generate Good Returns 👍
If You Like The Analysis Please Do Like, Comment And Follow For More🙏
Short Term pick up ✌✌✌This scrip is expected to give short Term returns in coming days. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
APOLLO TYRES.... GOOD BUY FOR SHORT & LONG TERM TRADEThe script shows a triangle breakout with a long green candle closing strongly above the trendline. Huge volumes are being traded. A good stock for long-term as well as a short-term trade. Expect a good move in the next two months.
Apollo TyreDiwali Season is coming and auto stocks starts moving up
Keep on track theses kind of stocks for min 10-15% returns
Triangle pattern D Time framelets see the price pattern chooses to either breakout or breakdown.share your opinion on comments.
Triangle Breakout after 6 months , Don't miss the rallyStrong 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.
Symmetrical trianlgeStock has formed Symmetrical triangle pattern on weekly chart. One can keep in watch-list and trade accordingly after any breakout/breakdown. Hoping for breakout.
buy apollotyreit has given triangle breakout with decent volumes. strong ichimoku setup. we may see 260/290 in coming weeks. view negated below 218clbs
Triangle breakout Apollo tyreApollo tyres breakout from this triangle pattern. Swing traders plan this with sL below bo area.
APOLLO TYRESmultiple patterns spotted and the breakout is supported by volume there is a resistance which if taken out will give good move
NEXT TARGET WILL BE 200-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
Apollo Tyres Prediction for 4th Week SEP 2021Breakout is already confirmed with successful correction. Good buy above 225 with an SL below 221 for targets of 230, 245 and 260.
TRIANGLE PATTERN IN APOLLOTYRES , BREAKOUT Market Cap
₹ 14,201 Cr.
Current Price
₹ 224
High / Low
₹ 261 / 114
Stock P/E
12.1
Book Value
₹ 180
Dividend Yield
1.57 %
ROCE
9.42 %
ROE
6.67 %
Face Value
₹ 1.00
