APOLLOTYRE trade ideas
Apollo Tyres SellIt looks like Apollo tyres is in its Flat pattern (ABC) completion on the DAILY time frame and is currently continuing to finish the next leg of the C wave. The correction within the C (The running flat) wave is done and now its heading lower towards the "A" @ 126 levels from where its most likely to reverse and go upwards. Long positions could be avoided and a meaningful pullback can be sold till it goes almost till/ retests the " A "
Bullish Cypher & Crab - ApolloTyre - D Bullish Cypher & Crab - ApolloTyre - D
PRZ: 199-203
SL: 196
TGT: 208, 212
01-05-2019
ApolloTyre Buy 210.50 ApolloTyre Buy 210.50 , Stoploss below head , looks Outstanding Profit Ratio ..
Wait after market open(atleast 10 mins ) check where market Open ,
Long Reversal on daily one can look for buying for next leg up
this scrip is moving in pretty much side ways correction , I am looking this will continue to move up
one can look for buying May Future contract after daily reversal candle is formed
stop below the reversal candle low
APOLLO TYRES - Bearish Gartley - 4H TFBearish Gartley Pattern on 4 hour chart of Apollo Tyres. SELL around 222.2 levels.
I just started learning Harmonics, don't know how to perfectly calculate Target(s) and SL, yet.
Apollotyres, Bearflag pattern has been broken.Short and hold the position until it breaks the 20 day moving average.
