APOLLOW TYRES TARGET 613 STOP LOSS 521Script is very bullish in weekly close and high possible to break the strong resistance of 546 in the weekly uptrend channel. In day and one hour bullish with increasing in volume. Target is 613
APOLLOTYRE trade ideas
APOLLO TYRES - Price Analysis | Bullish Outlook1. Bounced from the Fib support zone.
2. Good Volumes.
3. W base formation.
4. Earnings growth is on the decline!
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
APOLLOTYRE - Looks good for an up-moveStock has given a breakout with a good recent market participation . A positive pattern and a divergence supplementing and bullish view . Keep it on the radar for an up-move
Apollo tyre Apollo tyre Targets done.First chart updated on June 19th.12% plus counting 🥰 NSE:APOLLOTYRE
Publishing my 50th idea on this platform. NSE:APOLLOTYRE broke out of falling trendline resistance yesterday and re-tested today. Expecting some good moves here for July expiry. Seems like it will not take much to break above the base for a double bottom breakout 520+ level. It should have closed in green today but it did not so may take some time as well before the big breakout.
Apollo TyreWe can see the breakout from Pennant Pattern and Possibilities of Stock Rally
Keep on watch listing breakout round happen very soon
Breakout in Apollo TyresA good trend line breakout in Apollo Tyres Ltd. After making a high of around 550-560 the stock showed correction and made a low between 420-440. Afterwards it recovered from lows and now it has given a trendline breakout. The stock has sustained above the trendline that gives a conviction to perform good. Possible targets can come in the range 560-600.
(Only for educational and informational purpose. I am not a SEBI Registered person.)
Respecting Trendline / RSI above Trend Line on Weekly basis Rationale :
Price respecting long term trend line
RSI broken above trend line.
Trade Setup :
Entry : Arround 490
Target 1 : 520
Target 2 : 560
SL : 470 (trail as per the targets)
2 Amazing swing trading ideas for 26 June Markets I daily make educational content videos for swing / positional trading
Take a look | min 20% return | swingFundamentally good stock,
For long term investment.
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Entry: 535
target: 555 -585- 651
sl: 506
major stoploss / support: 485
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Enter only after breaking & close above " Yellow box" mentioned.
Or else wait for some time.
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;good for long term investment.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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refer old ideas attached below
Apollo Tyres | Multipattern BreakoutApollo Tyres | Multipattern Breakout
This stock gives breakout of
1) Inverted head and shoulder formation
2) Ascending triangle formation
Apollo tyres bullishapollo tyre reversing from support and broken traingle resistance line with good volume.
good for swing trade
Apollo Tyres: Potential Upside AheadApollo Tyres is currently in a promising range, indicating potential for an uptrend following a prolonged consolidation phase. The upcoming monsoon season could act as a catalyst for this movement. Despite recent quarterly results not meeting expectations, the stock maintains a solid book value of over ₹200 crore. Observers might anticipate an upside move, with prospects of improved performance in the next quarterly results.
But Apollo tyres Buy Apollo tyres for safe investment in this volatile market. Levels are marked, valuations are good. Best valued tyre stock in market right now.
Apollo Tyres - BIG MOVE !!!Apollo Tyres is trying to break the channel. Once it breaks we can expect the price to move to 750+. Other factors:
1. Apollo Tyres is an upward channel on a longer time frame and is doing a price correct on a shorter time frame.
2. Keep monitoring RSI, once above 60 will give a rocket move
3. MACD will improve as the price moves up
4.Best YOY performance
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
Symmetric TriangleSymmetrical triangles occur when a security's price consolidates, generating two converging trend lines with opposite slopes. A symmetrical triangle's breakout or breakdown targets are equal to the distance between the initial high and low applied to the breakout or breakdown point.
a rally to exitapollo Tyre - CMP 480
I see a sharp rally in the broader indices coming next week. I see the same on this chart too. A final rally to 538 is highly likely from where a 5 wave down fall will begin.
Any rally is an opportunity to exitApollo Tyre CMP 480
Elliott- The five wave impulse wave is done. Now a three wave correction should begin, Wave 1 and wave 5 have a equality or 1.618 relationship. Here it is equality. I have marked the same in the form of Boxes. Break of the trendline will be the start of a big correction in the counter. The natural support zone is the 4th wave of one lesser degree which is 300/330 zone marked as iv on the charts. This is the minimum correction which we will see.
Apollo Tyres Ltdprice is traded at support area so it s possible chance that price will move upper side
after breaking of trendline entry will be possible
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
APOLLOTYRE Long SetupBuy at 485 with stop loss of 475 for the target of 495 & 505 & 515 & 525 & 535 & 545
Bullish View On Apollotyrebullish triangle breakout in Apollo Tyres sounds promising! Triangle patterns often indicate a period of consolidation before a significant price movement, and a breakout suggests that the stock may be poised for an uptrend. However, it's essential to consider other factors such as volume confirmation, market conditions, and potential resistance levels.
Before making any trading decisions, it's advisable to conduct thorough technical analysis and risk assessment. Keep an eye on key indicators and monitor the stock's performance closely to validate the breakout and manage your positions effectively.
Apollo tyres (day chart) Date 01.05.2024
Cloud/kumo support being flat cloud/kumo within symmetrical triangle is acting as trend shift for the stock since stock is at 61% of fibonacci extension, breakout will be sharp ride since rsi is also rising.
Don't short until unless stocks breakdown below cloud/kumo & symmetrical pattern
Keep An Eye - Symmetrical Triangle Breakout soon - APOLLOTYRE📊 Script: APOLLOTYRE
📊 Sector: Tyres
📊 Industry: Tyres
Key highlights: 💡⚡
📈 Script is trading near resistance of Symmetrical Triangle Keep an eye on stock it will give breakout soon.
📈 One can go for Swing Trade only above 515-520.
BUY ONLY ABOVE 515-520
⏱️ C.M.P 📑💰- 510
🟢 Target 🎯🏆 - 557
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
