APLAPOLLO is near BO, 21/50 EMA cross is also about to happen.
To add more things to it, for the past 4 weeks its relative performance is on an upwards slope when considering 750 stock universe.
Its RS score is still 32 so not much strong yet, so tread with caution.
APLAPOLLO is reversing from long support line
two strong green candles at support line indicates bullish movement starting and go up for few sessions.
good for swing trade
APLAPOLLO is in retracement zone and expected to give breakout in the coming sessions. Keep an eye on this stock for some decent returns.
NOTE: I'm not a SEBI REG. Study before investing.
A channel breakout on a weekly time frame with great price action in APLAPOLLO. There is an immediate upside of 15% (first target)... The company has good fundamentals and the risk-reward in this swing trade is very good!
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: APLAPOLLO
🔍 Description: Stock is in a pattern and now near to the support level.
View is bullish if support is intact.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
forming LH-LL on daily chart.
double top and on weekly and daily.
highest volume on second double top.
today touched 200DMA. may be pullback can be expected.
never retraced to 100WEMA in that last 3.5 years. 15% more fall expected.
larger trend seems to be in uptrend.
APL Appolo: The share is consolidating in a range between 1639 to 1706 and has closed at 20dema. There is a good support at 1631 50 dema which is a good entry point. the Andean oscillator which indicates the trend is also showing upward trend. The counter may seem more consolidation for a break at 1705
it looks like it has formed double top on daily and weekly chart.
if broader market continues it in down trend, we can expect retest of 50WEMA.
in the last 3 years it never touched 100WMA.
we may see 1360(50WEMA) in bearish case.
Aplapollo Tuness: Beautiful Flag pattern BO
Buy above 1384 ( Safe players above 1398)
Short term Targets: 1398/1420/1440 ( 2-4 wks)
Long term has potential of 10-15% (About 2-4 months)
SL: 1354
Disclaimer: Im not SEBI registered, DO contact your financial advisor before taking any trades.
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 initial Stop Loss hit or RSI close below 40
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...
![APLAPOLLO: APLAPOLLO Near BO, 21/50 EMA cross near as well [DAILY]](https://s3.tradingview.com/z/Z5Iglrwe_mid.png "APLAPOLLO Near BO, 21/50 EMA cross near as well [DAILY]")
