Apollo Tyres Big BreakoutApollo Tyres
After lon cosnolidation stock is ready for new territory
SHort term weekly target 450+
Investors 500+
Option Holder 460 ce hold for week
APOLLOTYRE trade ideas
Swing TradingApollo True
Support 420-422
Resistance 426 432
Trend line & horizontal resistance break out
Apollo Tyres analysis on 07 oct 2023Apollo Tyres analysis on 07 oct 2023
Stoploss 359 (deep stoploss 340)
200 @ rs 360
(Market is volatile nowadays so
follow strict stoploss on closing basis)
Target 400-440-500
Good to bet on upsideGood to bet on upside. expecting a c pattern or v rise .
very high risk.
Stop loss and hedge must.
APOLLOTYRE tecchnical analysisHi traders...
Refer to chart of APOLLOTYRE
following key points seen in chart which indicate forr bullish view.
1. stock reversed from demand zone
2. taking support of 100 ma
3. stock forming double bottom
stock looking bullish for 400+ levels.
Appolo tyres at a interesting pointApollo tyres is at upward slope and also touching bottom red line on weekly chart. RSI is also down. We can expect price to move up and touch upper red line of slope which may be at 457 around.
disclaimer :- just from study point of view. no recommendation of buy or sell
Risky but it's an opportunityHello Investors,
This is a risky one but absolutely I see this as an opportunity.
It has corrected almost 17% from the all time high and you can see the support trend line is passing and it could bottom out near the trend line or it might break the trend line and bounces back and close in the future. That will be the time I will concentrate.
You can also visually see the history of continuous red candles and a huge bounce back
This is absolutely risky one but we have a good opportunity to to invest for a swing where one can expect 10 - 15 % returns.
Thanks
APOLLOTYRELong term trendline break seen in apollotyre , Stock closed at day low that suggets that bears taken positional short and high volume is another confirmation.
one can initiate short positon with SL of 192.
to be on safer side becuse market is in uptrend bear put spread will be the best .
APOLLO TYRE BIG FALL EXPECTEDShort Apollo Tyre once sustain below 390 for the marked targets on the chart until 413 is intact on the upside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
APOLLO TYRE / MAY HIT TARGET APOLLO TYRE may be give 10 percentage Profit, This post not recommended, only for Educational purposes.
$NSE:APOLLOTYRE Looks Sell Side Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:APOLLOTYRE I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 382-380 level then possibly we can see 375,370,363 level so if you are ready to take Risk then I have 2 Strategies For Month Of Sep Series that we can Deploy.
1)
Buying an Option
Strike Rate = 385 PE
Buy Near 9
Stop Loss= 6
Target = 13,16
Time Frame 6-7 Days
Investment = 15300
maximum Loss= 5100
Profit Upto = 12000
2) Hedge strategy
Stock Name- NSE:APOLLOTYRE1!
Future Entry Level - Below 385
Future Stop Loss Level- 393
Future Target Level- 377,373,370
Option Level- 385 CE Near 12
Investment = 30000
Maximum Loss = 9000
Profit Upto = 16000
Best Regards,
Ajay Metha
Apollo Tyre view CMP 393.20Apollo Tyre view
Trend Support 374 - 386
Breaking these levels will lead to 10% - 14% fall
APOLLO TYRES breaches all supports on big volumeAPOLLOTYRE Q1 results seem to have disappointed the market badly. Price crashed over 8% yesterday after results were announced. However, the chart has been indicating some brewing problem in the counter since mid-July, that is more evident now, post facto though!
RSI has been in negative divergence to price (as price was making higher highs, RSI was making lower lows) since late June. As the uptrend channel connecting the highs of June 21st, & July 11th – corresponding to the highs of RSI peaks – was breached on the downside yesterday, the play of the divergence is confirmed. The breach of price also coincided with the simultaneous breaches of the prior low of 412 and the 50 DMA support. The volume yesterday was 5 times the average volume indicating the extreme selling pressure.
A review of the RSI since July 31st shows that it was struggling to enter its bull zone above 60 as the 60-level turned into strong resistance area (yellow highlighted on RSI). Last but not the least, RSI breached its 40 level and entered the bear zone, first time after mid-March. Currently it is trading on 390-400 support area. If Apollotyre breaches 390, next support is around 360-350 level.
No recommendation, only personal observation.
Swing for next week 7-11 auguptrend stock ... ready to break high of 12july, it is ready for up move
APOLLOTYRE @ 420-424Swing CALL
APOLLO TYRE
Target - 433 ( around 2% ) or 440++
NOTE : TRADE AT YOUR OWN RISK
min risk with high return; long term investment; swing trade
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
SWING TRADE - APOLLOTYREThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
This is just a backtest for the indicator I started using.
ApolloTyre - buy Buy from cmp to 393.55
easy tg - 402
tg2 - 409
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Apollo Tyres - IHS patternApollo Tyres looks good. Buy above 322 or wait for it to retest the next line.
APOLLOTYRE is looking good for a healthy returnAPOLLOTYRE got a pole flag breakout recently and it is having a good consolidation after breakout. It has a gap to fill at ~255 in daily chart which I think it would fill before going up again.
the target comes as ~422 in flag pole breakout target and the price has a resistance ~416, the selling pressure would be seen there.
It can also be a very good long term stock as the parallel channel top gives a huge return.
APOLLO TYRES - EW - Up MoveCurrently, the stock is in Upmove in the Long term and short term.
In Long Term, wave 5 is going on.
In the short term, internal 3 of 5 is going on.
Targets are marked with Fib projection.
The analysis is only for educational purposes. Please trade at your own risk
