APOLLOTYRE Short (166.30 - 167.55)APOLLOTYRE
Sell
E: 166.30 - 167.55
S: 171.15
T: 160.50 - 156.15 - 152.65 & more
APOLLOTYRE trade ideas
sell apollo type - intradaySell below 173.25 for the target 167
Disclaimer : This is my personal analysis for study purpose not intended for trading
apllo tyre technicalbuy now since it in the bottom of is a parallel channel
target will be 135, and If sustained it may higher
APOLLOTYRESRESISTANCE level hit, a correction in Apollo tires is on the charts.
although earlier bulls are more aggressive, it may cross the resistance in worst case (what's your views on this please let me know in comments)
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my NEXT week analysis on APOLLO TYRES based on resistance line resisting the price move .
will give follow back to all the followers.
Please comment and let me know about my analysis, Follow for more analysis.
**DISCLAIMER
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. I assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice.
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.
