APOLLO TYRES NSE:​APOLLOTYRE

LEVELS MENTIONED IN THE CHART. Disclaimer: It is very important to do your own analysis before making any investment based on the chart mentioned here. Trade wisely!

Short below 217 with SL at 221.90

NEW YEAR TRADE APOLLO TYRES HAS MANAGED TO BOTTOM OUT AND IS MOVING HIGHER WITH THE SUPPORT OF A UPWARD TRENDLINE TRADE THE TRENDLINE AND USE THE ABOVE LEVELS FOR SUPPORT BUY@235 STOP@225 TARGET 1@245 TARGET 2@255 LOT:3000 QTY:1

Wait for breakout

Stock is in its down trend. It should end its downtrend near 217. Observe the price action near the given price range before entry.

Buy on level break

Short Tg 217 SL 228

Apollo tyres CMP 229.65 The stock looks likely to be loosing its grip. It may be looked for downside target of 224 / 221 in the short term View gets invalidated if trades above 233 In case u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us. Take care & safe trading...!!!

APOLLOTYRE (Apollo Tyres Ltd) #SELL BELOW 229

Breach of 228 will lead to 225

One can look for Going Long brake of 234 and book near forecast area

Rising wedge forming from the relief rally happening due to the play of H&S. In short their is still more pain left with this script. Ideally I will sell at the breakdown from the wedge on the lower side. All the best.

apollo tyres long term short view

APOLLOTYRE (Apollo Tyres Ltd) #BUY ABOVE 240

Idea described in charts

APOLLOTYRE (Apollo Tyres Ltd) #BUY ABOVE 226 AND #SELL BELOW 223

1. + VE DIVERGENVE 2. TOOK THE 0,2 TREND LINE AND CHANNEL SUPPORT 3. CURRENTLY HOLDING FALLING CHANNEL RESISTANCE 4. IF IT BREAKSOUT WE CAN SEE THE TARGET FE 239, 249 5. FR 76.6% IS DONE

Will Be Reaching 260 Levels By Feb 2019 End And Reverse To Complete The Correction at 145 - 150 By Middle Of August 2019