APLAPOLLO trade ideas
APL Apollo - LongThere was a quick reaction from the weekly demand zone and now it is taking a support around 365 EMA. The entry would be aggressive here.
Buy Range - 1750 - 1760
CBSL - 1685
Target - 2050
#APLAPOLLOBullish Wedge
Gapup
Volume Support
CCI crosses 100
TGC
Fibo 38.2 crossed with strength
SL 1800
APL Apollo Tubes - Channel trend followed beautifullyStock is moving beautifully in a channel on weekly charts with each spike met by good volumes. Chances of a correction in the short term is very likely as price is reaching the upper end of the channel.
In case of a correction (high probability of a 5-7% correction), it should be used to enter the stock as a core holding as it is in a secular uptrend.
short the stock as we can see a bearish engulfing pattern there and bearish divergence there i have a short idea there
