Apollo tyre breaking outApollo tyre nice breakout on weekly chart…Also Fibbonaci .78 is broken out..Once weekly close above 260,target 300..STOPLOSS weekly close below trend line.
APOLLOTYRE trade ideas
Nifty Banknifty and Stocks analysisI have prvided here analysis for Nifty Banknifty and Stocks on the basis of support and resistance and time cycle.
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Apollo Tyres Breakout 1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since October 2021, NSE:APOLLOTYRE has given a breakout today. Buy with a stop just below ₹230.
Strengths: -
1. Quarter sales growth at 29.61% and quarter profit growth at 48.37%
2. Dividend yield at 1.21% (consistent dividend payer since 2011)
3. Debt to equity at 0.59 (less than 1 is good) and Interest coverage is at 3.03 (greater than 3 is good)
4. CRISIL Ratings has assigned its 'CRISIL AA+/Stable’ rating to the Rs.500 crore non-convertible debentures of Apollo Tyres Limited (Apollo) while reaffirming its ‘CRISIL AA+/Stable/CRISIL A1+’ ratings on the bank facilities and outstanding debt instruments on 5th August 2022 (please go through the credit rating report for better understanding)
5. DIIs increasing stake since March 2021
6. ADX > 30 on daily chart
Weaknesses: -
1. Pledged percentage 3.05
2. Promoter holding is at 37.34% (Promoter holding has decreased over last 3 years)
3. The company has delivered a poor sales growth of 9.71% over the past five years.
4. Company has a low return on equity of 5.70% for the last 3 years
5. Current ratio at 0.99 (greater than 1.5 is good)
6. FII stake decreasing since March 2021
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
APOLLLO TYRES#𝚜𝚖𝚊𝚕𝚕𝚌𝚊𝚙
#𝚝𝚒𝚛𝚎𝚜&𝚝𝚞𝚋𝚎𝚜
#𝚏𝚘𝚛 𝚎𝚍𝚞𝚌𝚊𝚝𝚒𝚘𝚗𝚊𝚕 𝚙𝚞𝚛𝚙𝚘𝚜𝚎 only
#𝚗𝚘𝚝 𝚊 𝚝𝚛𝚊𝚍𝚒𝚗𝚐 𝚛𝚎𝚌𝚌𝚘𝚖𝚘𝚗𝚍𝚊𝚝𝚒𝚘𝚗
#2022 𝚑𝚒𝚐𝚑 313, 𝚕𝚘𝚠 174, 𝚖𝚎𝚍𝚒𝚊𝚗 256
APOLLOTYRE BULLISHAPOLLO TYRES STOCK has just broke its trendline today with good volume.
you can go long in it after doing your own analysis
But I would say its not a sureshot breakout so if entered do money management.
ONLY FOR EDUCATIONAL PURPOSE..!
APOLLOTYRE LONGAPOLLOTYRE is currently near its trendline resistance if candle breaks it and sustains above it you can go long after doing your own analysis.
ONLY FOR EDUCATIONAL PURPOSE..!
APOLLO TYRES CURVED TRENDLINE BREAKOUT Apollo tyre looking good on weekly chart and gives a fresh breakout on curved trendline and it is giving good crossovers and divergence on macd indicator seems it is good price momentum will come in it
CAUSE OF LONG
1- Curved trendline resistance breakout
2- Breakout on macd indicator
Short Apollo TyresShort Apollo tyres at 209 with 218 as SL. It took resistance from trendline resistance
YR 2022 Idea #88: Long on APOLLOTYREThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
apollo tyres bull mode on!!i have been watching apollo tyres for 2 weeks, what a bullish moment it played over 2 weeks
now its time to entry
1) high volume in last candle
2) breaks trend LINE
3) breaks 200 M.A
Bounce from Fibonacci Support LevelsPositional Buy :
Company : APOLLOTYRE-EQ
Entry Price : 200.0
Stoploss : 180.0
Target 1 : 220.0
Target 2 : 230.0
Bounce from Fibonacci support levels.
Apollo tyresApollo tyres after taking support near 167, if this upside continues then target (marked in chart) this is also basis the auto sector is looking bullish supported by M&M and Maruti
Apollo Tyre Chart Analysis !!📈 Apollo Tyre 📉
My Findings :-
1. Breakout from a swing high and Resistance Zone.
2. Close above March high.
3. Higher High and Higher Low formation.
4. Auto Sector is in Uptrend.
Bias- Long
Target- 227, 243 and 259
SL- 187
RR- 1: 2
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
APOLLO TYREStock Is Making HH-HL On Daily Charts & Making Rounding Bottom
BO Pending
CMP 210
SL 200
TP 218-225-230
Quotes Are Only For Educational Purpose
SWING TRADE - APOLLO TYERS NSE:APOLLOTYRE
Apollo tyres swing trade
entry close above 206
happy trading and keep learning !
Long #ApolloTyres , SL - 185Swing trading, Trade idea is only for Educational Purpose, Pls do your own research before taking any trade.
Apollotyre looks good for BuyingApollo Tyre showing Cup & Handle Pattern. Recently, the stock has given a break-out and is re-testing its resistance.
Enter Between 205 - 208
Stop Loss: 185
Short Term Target: 245
Time Frame: 1D
Cup and handle breakout in APOLLOTYRE.Today's session look at the cup and handle pattern breakout in APOLLOTYRE ,after breakout re-testing on resistance. According to this pattern expected long target is 243+ in 1D timeframe.
