APOLLOTYRE trade ideas
APOLLO TYRES - LONG Stock is in its down trend. It should end its downtrend near 217. Observe the price action near the given price range before entry.
ON THE EDGE OF WEDGE @APOLLO TYRESLEVELS MENTIONED IN THE CHART.
Disclaimer:
It is very important to do your own analysis before making any investment based on the chart mentioned here.
Trade wisely!
Apollo Tyres chart view; Losing grip on the road aheadApollo tyres
CMP 229.65
The stock looks likely to be loosing its grip. It may be looked for downside target of 224 / 221 in the short term
View gets invalidated if trades above 233
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Take care & safe trading...!!!
NEW YEAR TRADE APOLLO TYRES JAN (FUT) NEW YEAR TRADE
APOLLO TYRES HAS MANAGED TO BOTTOM OUT
AND IS MOVING HIGHER WITH THE SUPPORT OF
A UPWARD TRENDLINE
TRADE THE TRENDLINE AND USE THE ABOVE
LEVELS FOR SUPPORT
BUY@235
STOP@225
TARGET 1@245
TARGET 2@255
LOT:3000
QTY:1
Apollo tyre Rising wedge forming from the relief rally happening due to the play of H&S.
In short their is still more pain left with this script.
Ideally I will sell at the breakdown from the wedge on the lower side.
All the best.
