buy APOLLOPIPES after a decent uptrend stock consolidated with lesser vol and broke out again it formed a range and breakout and now again it is forming a range and can move good abv 1420
APOLLOPIPE trade ideas
APOLLO PIPE Channel Breakout TradeNSE:APOLLOPIPE Levels are Mentioned in the chart... Good for Swing...
Note:
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STOCK FOR THE WEEK APOLLO PIPEGood morning/afternoon/evening Friends
Today we are going to talk about APOLLO PIPES . The level to watch is 1410 Remember we are only expressing our opinion on the stock there is no recommendation at al.For detailed analysis watch the video and provide your feedback so that we can improve ourself.
Thank you and Regards.
Apollo Pipes - Looking Good for Swing TradingThis is a breakout trading stock.
Stock is consolidating near resistance.
we can see a flag breakout after 1207hello trader we can see a flag patter in apollo pipes ,
cmp - 1192,
support - 1145-1160range ,
breakout after -1210,
target - 1255, 1430,
buy - cmp-40%qty
breakout - 30%qty
support -30%qty,
time frame - 30to 45 days
sl -1070
Swing Trade | Apollo PipesAfter Testing the Supply zone twice, Stock is consolidating near the resistance levels. This time, stock has approach the resistance zone with good volumes.
An hourly closing above 1220 would be a good Opportunity for Swing Trade.
CMP: 1192.70
T1: 1368
T2: 1635
T1 and T2 are decided based on Fibonnaci Levels.
P.S: This analysis for educational purpose only. Please trade as consulted by your financial advisor.
Watchout for ATH breakoutThe stock looks good above 1221 level for (on closing basis) for further upmove of 8-10 percent. Good volumes have been there in last 2 days.
Apollo Pipe - Bullish Flag pattern breakoutNote: This is for educational purpose only.
There seems to be a bullish flag pattern breakout with high volume. RSI at 68 indicates bullish momentum as well.
SL: ₹ 910
buy appolo pipe for 20% profit fundamentaly strong share give breakout now perform support zone its good time to inter in its posible to break upside zone its good for long term before my take advice take your financial advice
keep learning keep earning
Apollo Pipes Ltd - 11.06.2021Apollo Pipes Ltd - 11.06.2021
The stock has made a high of 1090 during the week
there is a hammer in hourly chart
there is a macd bullish divergence
prices are below ema
support @ 1015
let the prices go above 1065
watch out
Apollo Pipes Cup and Handle BreakoutDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
Stock has broken out of cup and handle and parallel channel and looks bullish as per volume.
Getting entry will be tough so any dip toward 850-830 long opportunity with Stop loss 670 target 1300 for long term
APOLLO PIPES Long opportunity Trading possibilities for Coming week.
This stock have shown good strength and has closed high. It still has bullish Momentum and can go further up. You can trade this for intraday and also for few days in the coming week.
Look for Buying at the levels marked in green and whenever you see a Bullish candle pattern forming. The targets and stop loss are subsequent levels up and down.
Other important levels are as marked in the setup.
You can download the Indicator to get the accurate levels premarket itself and see how the stock trades respecting those levels.
Happy and safe Trading.
apollo pipes regular buying happening in some limited intervals will wait and watch the performance not recommended to buy.
price already in overbought zone buying below rs.500-600 will be good for long term holdings
Apollo Pipes High Volume BreakoutNSE:APOLLOPIPE
Fundamentals:-
Apollo Pipes is engaged in the manufacturing and trading of PVC Pipes and Fittings. The company is equipped with state-of-the-art infrastructure, operates large manufacturing facilities at Dadri and Sikandarabad in UP, Ahmedabad – Gujarat and Tumkur – Karnataka, with a total capacity of 100,000 MTPA. The multiple and efficient product profile includes over 1,000 product varieties of cPVC, uPVC, and HDPE pipes, Water storage tanks, PVC taps, fittings and solvents of the highest quality.
Sales and Profit 5 year CAGR at 251% and 167% respectively
Average ROE for last 10, 7, 5 and 3 years greater than 15%
Debt-equity ratio at 0.09, Interest coverage ratio at 9.34 and Current Ratio at 2.83
Future outlook very strong because the Greenfield facility at Raipur is expected to fully operationalise by March 2021. The facility, with a proposed installed capacity of 7,200 MTPA, is strategically located and will help boost volumes in high-potential domestic markets in Central and East India. In addition, the Company is undertaking staggered brownfield expansions at all of its existing facilities across the country, which are also progressing as per schedule.
New product launch
The Company’s latest launched product – water storage tanks has seen strong acceptance in the domestic market and the product contributed to improved sales during the quarter (Dec2020).
The stock has broken out of a two month old resistance zone with good volumes. One can buy with a stop loss below Rs. 750.
