APOLLOPIPE trade ideas
APOLLOPIPE on Breakout. BUY above 555 for Intraday tomorrowAPOLLOPIPE on Breakout and with good volume. BUY above 555 tomorrow (Friday 16th December) for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
#APOLLOPIPE - Short term idea#APOLLOPIPE - Short term idea
CMP - 601.35
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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APOLLO PIPES LTD ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
APOLLO PIPES LTD with target of RS 620 CMP IS RS 601.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR RS 550
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Bounce from Trend Support Apollo Pipe is currently trading at 578 that is 16% lower than its recent High which coincides with its Bonus Issue date
Almost a similar pattern was seen in APL Apollo tubes as well which fell by 25% after Bonus Issue and then made a Higher High
The share gave a strong bounce of 7% today and rose above 50 RSI
In the weekly chart as well, we find the MACD Divergence decreasing and Heiken Ashi candle turned green
I am expecting some upside here in the upcoming weeks and patience is going to be the key here.
The price may move sideways for a few days after todays impulse and I am curious to see how this plays out.
Thanks for reading!
Apollo Pipes preparing for next moveApollo pipes in consolidation mode and it is preparing for another big move.
Keep it in radar.
Chart is self explanatory.
Price action is in range.
RSI is >50%
Disclaimer: This is an education chart and not a recommendation. Please invest as per your risk and reward appetite.
APOLLO PIPES : PULLBACK STRATEGYBullish engulfing pattern at demand zone ,expecting upswing from here
TGT - 1900 & 2000
SL - 1630
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
APOLLOPIPEAPOLLOPIPE: Looking Good
Trend Line Breakout Sustaining/Closing Above 1500
Buy Above/CMP 1655.55 Add Every Dip Stop-Loss Closing Below 1500 (Safe) 1350 (Risky)
Target 1800-2000-2250-2500+++
Positional Call
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APOLLOPIP RISK REWARD 1:2 APOLLOPIP BULL FLAG PATTERN BREAKOUT
BUY CMP
SL-1437
TGT- 1590
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.