Apollo Tyres is on Long Term Brake outIn my opinion Apollo Tyres is on Long Term Brakeout in coming few days
1st target is 200
2nd target is 250
APOLLOTYRE trade ideas
Ride this TyreApollotyre is showing some strength in chart. Buy at this level for targets of 149.20/ 153.50 / 157.60 in short term and 180 in long term.
Use strict stoploss and money management rules.
This idea is for education purpose only. Kindly consult your financial advisor before investing.
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Apollotyre BO with good volumeApollotyre BO given above 140
entry above 144
support zone 121-100
Fibbonaci retracement(Good support) level is 127-105
above all important Moving average
One Right Trade's Swing Trade Idea #173 : Long on APOLLOTYREThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Cup and handle formation in Apollo Tyres on 1hr chartCup and handle formation in Apollo Tyres on 1hr chart
Trade the breakout - expect a retestPrice trying to break 3 months resistance and this time it should break the resistance levels and reach the target around 160.
Apollo Tyres -BreakoutA long time favourite of mine. Had recommended it as a value buy around 110-115 levels.
Now after all that consolidation is finally breaking out.
As long as it can sustain 135 can do long at current price.
SL: 135.
Stock has broken out with high volumes. Plus another addition is that the entire sector seems to have tailwinds.
Apollo tyre in hypothetical channelIf Apollotyre fails to surpass 130 level, we could again witness 125 and 123 levels.
Regards
Apollo tyre buying opportunity at 120The Apollo tyre price is bouncing in a bullish channel , I'm expecting the price to up within the channel it can even break the channel give a very big up move . If it breaks the channel downward it may give a downward move and we will have to short it .
Entry : 120
Target : 140
Stop loss : 115
APOLLO TYRES APPROACHING RESISTANCE ZONE WITH GOOD MOMENTUM. APOLLO TYRES APPROACHING RESISTANCE ZONE WITH GOOD MOMENTUM. TRADE WITH CONFIRMATION.
Swing or Intraday: Enter @139 and Target could be 145/160+Swing or Intraday: Enter @139 and Target could be 145/160+ with SL of 135 on hourly basis.
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. Keep trailing your SL with 2 points movement.
Apollo tyre longGood time to ride the momentum. Break of trendling which is trendline resistance on daily charts. Good momentum accumulation. OI built up since past few days. All set for breaking earlier swing high. Near channel breakout.
Hold for trgt 146.5-149.5. If lucky cross above 150 shall bring 157-166-171.
