Fibonacci retracement in Apollo Tyre daily chartApollo Tyre has again reached historically important levels. Fib retracement is between swing low on Jan 18th and Swing high on March 4th. Aggressive traders can enter above 228. The best next opportunity is above 232, where it can even pull back at least once. Targets are 240 and 260 respectively. News attached : Tyre prices set to increase due to rising input prices. Satish Sharma, President, Asia Pacific, Middle East & Africa, Apollo Tyres, said the steep increase in raw material prices will necessitate appropriate price corrections in this fiscal. “We have taken two price corrections in December and a minor one in March; considering the continuous upward movement of raw material prices, we would need further corrections,’’ he said.Longby IamGeorgy0
APOLLO TYRE -- SHORT & MEDIUM TERM INVESTMENT TRADEcan be bought at cmp for target to be 245Longby ajaykalashi3
intraday apollotyres published on 28 mayintraday apollotyres published on 28 mayLongby missalina12691
APOLLO TYRES LONGApollo Tyre has good fundamental and staying strong with NIFTY. Short term target for the stock is market. the CMP is squeezing which indicates a good uptrend in the stock. the delivery in stock is only 20% that is a concern for not expecting much in the stock. fundamentals. Apollo Tyres reported a 270.5% year-on-year (y-o-y) increase in consolidated net profit of ₹289 crore for the quarter ending 31 March, as vehicle production returned to pre-covid levels in India and foreign markets. The revenue from operations during the quarter improved by 38.99% y-o-y to ₹5,026 crore. The operating profit or earnings before interest, tax, depreciation and amortization (Ebitda), also jumped by 69% y-o-y to ₹815 crore due to the overall improvement in sales and costing cutting measures taken by the company. Despite swift recovery in sales, tyre manufacturers are expected to witness pressure on operating margins due to continuous increase in commodity prices.Longby MantuboraUpdated 4
#APOLLOTYRES long opportunity long opportunity above rectangle box..inside bar.Longby Harmonic_Pattrens113
Apollo Tyres - Cup and handle patternApollo Tyres has formed cup and handle pattern in 2h TF Good pickup in volume Taken support from 200EMA in daily TF To encourage my work, give a like and show your support. Follow me for more such ideas. Thank you! Please stay safe. Happy Trading! Regards, SeganLongby segan_the_learnerUpdated 449
Apollo TyresApollo Tyres has formed a good Flag and Pole pattern in 1W candlestick chart. Expecting Target 1 261 and Target 2 305 with a stop loss of 190 with a candle closing.Longby romitdhingra20041
Apollo Tyres rising channelBreakout from falling channel and back in rising channel. Retest done. Channel Bottom. Follow for moreby Anshkohli2
apollotyre longBO above 120 With good volume now retesting BO Level resistance become support bullish above 130 with sl below 110 target 1:1 by nikhilgodhaniUpdated 2
APOLLOTYRE Hello Traders, I see a long opportunity here! keep a check on levels!! BUY Oppurtunity ***APOLLOTYRE*** at 206 for Targets 216/220/ with SL Placed at 197 Keep watch this space for more such ideas !! Happy trading ! Regards, Mind-MuscleLongby Mind-muscleUpdated 0
Apollotyre- Weekly Chart Long SetupApollotyre has a weekly uptrend in place and after some rest it can possible start the upmove again. Buy Apollotyres @ 208 SL @ 198 Take Profit @ 232-240Longby thebullstreet072
Apollo Tyres Breakout After multiple fake breakouts post crossing resistance levels, Apollo Tyres forming a cup and handle for a bullish rally. This is further supported with latest Quarterly results as Apollo Tyres Reports Robust Recovery in the earnings of March Quarter 270.5% year-on-year increase in consolidated net profit at Rs289 crore for the March quarter. by TheDayTrader1010Updated 335
Apollo Tyres Breakout After multiple fake breakouts post crossing resistance levels, Apollo Tyres forming a cup and handle for a bullish rally. This is further supported with latest Quarterly results as Apollo Tyres Reports Robust Recovery in the earnings of March Quarter 270.5% year-on-year increase in consolidated net profit at Rs289 crore for the March quarter. by TheDayTrader10101
(Intraday) View Long opportunity in Apollo tyreTrendline Resistance about to breakout Apollo Tyre Buy - 223 Target - 226.2 Stoploss - 220.8Longby Notorious_TraderUpdated 1
APOLLOTYREAPOLLOTYRE is looking bullish above 228 Good R:R ratio Do follow my page and inbox me for more details regarding Entry / Target / SL. Longby manojprasadd0