APOLLOTYRE trade ideas
apollo tyre Bullish BOThe Chart Channel is self-explanatory.
Script Action Entry SL Tgt 1 Tgt 2
ApolloTyre Buy 166.78 159.48 174.08 181.38
ApolloTyre Nice Weekly RSI Setup
Nice Volume Setup
Crucial Supply Zone
Will Take Entry on 160 DCB
Stop Loss 152 DCB
This for my Personal Education Purpose Not for Trading
Rounding Bottom patternThe stock gave a break out yesterday and looks good for more upmove above 158.3 for a target of 160+
ApolloTyre is showing strengthIt has 2 broken resistance on weekly time frame MACD is also indicating strength
Intraday / Swing Setup: Looks good @ CMP for 160+Intraday / Swing Setup: Looks good @ CMP for 160+. SL could be 144. Enter only when price reverse back from support line or between 145 to 148. This has been on watch for a long time and now can fire up anytime.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Apollo tyres 200Earlier it was moving in a big channel in downtrend and now moving upwards in a narrow channel.
It shall move to 200.
Apollo Tyre buy for 165Target of 165.
Stop loss at 134.
Cut position at SL only on closing basis and not on intraday basis.
#APOLLOTYRE WEEKLY CHART VIEW!!#APOLLOTYRE WEEKLY CHART VIEW!!
Apollo Tyres Ltd. has broken above very significant trendline.
Weekly RSI 50+
If stock sustains above 140.5 it can have significant uptrend towards 215 (61.8% Fibonacci pull back) or even higher over time.
APOLLO TYRE ON DAILY TIMEFRAME.NSE:APOLLOTYRE
APOLLO TYRE MIGHT SOON BREAK THE 150 LEVELS AND WE CAN ALSO SEE AN ASCENDING TRIANGLE FORMATION ON DAILY TIMEFRAME.
WHICH SUGGEST A MOVE UPWARDS.
NOTE-THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
Short on Apollo Tyres Target 140,138,1351.Sell below 145 on candle closing basis.
2.Target 140,138,135
Apollo tyres { charts looking good }Hello Traders
Apollo tyre is on verge of breakout , expecting good upside if breaks mentioned level.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
#NIFTY #AUTO Very Bullish #TechnicalAnalysisit has given a breakout in spread chart of NIFTY. it also started to outperform the benchmark index. A long term trendline break along with near term resistance breakout supported by volumes.
