APOLLO TYRES NSE:​APOLLOTYRE

Levels mentioned in the chart!

Apollo Tyres on a weekly chart has taken support at levels of 192-193 and has bounce back giving a divergence on the RSI from a oversold region. The MACD also is showing convergence. A major part of the move has already taken place from 193 to 220. What needs to be seen is as to how far would this upward move go with Fibonacci retracements placed at 224.5, 235...

Buy APOLLOTYRE on dips upto 170 with SL below 140

Short below 206.20, SL PDH PDH = 211.50 If gap uo or down, follow 5m ORB.

Refer chart

LEVELS MENTIONED IN THE CHART

LEVELS ARE ON CHART EDUCATION PURPOSE ONLY

#APOLLOTYRE CASH 10 MARCH 2019 GOOD SUPPORT @ 210 CMP 212.30

Stock completed Rounding top Formation and can see a fall. Levels are mentioned in the chart. -----------------------------------------------------@@ Trade At your OWN Risk@@-------------------------------------------------------------

Apollo tyre Bye trend

APOLLOTYRE (Apollo Tyres Ltd) BUY ABOVE 218

The stock has retraced completely and it is likely to test the fibonacci level of 23.66% (Rs 222) The stock has a support zone around 200 Aim for a target of 218 and then 222 SL - 205

APOLLO TYRES NSE : APOLLOTYRE LONG Buy Above 210 SL-201 T1-216 T2-218 T3-222

Apollo Tyre Daily Analysis Bullish Bat = Daily Demand zone CMP 209.1 Targets 213.3-219.3-225.3-233+ Add more if get near 200 levels.

One can look for short selling on reversal in this Level , and look to book as per forecast with trailing stop

Buy ApolloTypre positional for a target of 209/218/225/230. Positional stoploss 195 on closing basis. Below 193 it will become a positional short.

Levels mentioned in the chart!

Buy 212 Tg 221 SL 206