Apollo tyres 1) Cup And Handle pattern
2) Good expected quarterly results
BUY@214
TARGET 247 , 260
STOPLOSS 199
APOLLOTYRE trade ideas
APOLLO TYRES EQUITY levels ...04/05/2021 (D candle)😊APOLLO TYRES EQUITY levels ...04/05/2021 (D candle)
APOLLOTYRE - Swing TradeAPOLLOTYRE has given breakout from the downtrend resist line with good volume & now retesting the trendline & the support at 215 level.
This support level is a confluence of 50 EMA (4H)/200 EMA (1H) & Fib level 0.5.
On weekly (1W) TF, it formed morning star formation from strong support along with the golden cross (50 EMA crossing 200 EMA).
A possible long position on bullish confirmation with given targets.
APOLLOTYRE nearing REVERSE after retestWait for retest to start the BULLISH trend
The price may come down to 200 ~ 193 levels
If it goes above 223, possible to reach 237.
If it goes below 212, possible to reach 193
As per the chart the BULLISH trend starts from 193 levels
APOLLOTYRES BREAKED PATTERN, RETESTED AND CLOSED ABOVE 200EMAONE CAN GO LONG IF SUSTAIN THE PRESENT LEVEL SUPPORTING THE INDEX ON MONDAY...BULLISH OVERALL
Apollo Tyres Looks Good !!!APOLLOTYRES : cmp : 212.75
Good support zone near 198-207
Bounced back form support .
TGT 222/234/248
Sl 198 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
APOLLO TYRES BULLISH CUP & HANDLE PATTERNApollo Tyres forms Cup & Handle pattern on Weekly chart.
Volume in the downtrend handle looks low.
Also, has given a weekly crossover between EMA50 & EMA200.
If gives handle breakout, one can enter a long position for mentioned short term & long term targets.
Stop Loss is mentioned.
Long term investors can wait for targets of 350-360.
Note: This is only for educational purpose. Trade at your own risk.
Head & Shoulder View: Bullish
First shoulder and head done, again stock moving to create shoulder.
Target: 224
Stoploss: 200
Apollo tyres buy!Apollo tyres looks a buy in harmonic pattern. If market goes in positive direction then we might see some upside movement in this stock. Buy near 200 SL 192 TGT 1 : 222 , TGT 2 : 229. Try to book on a risk reward of 1:2 and dont wait for the exact targets as market is very uncertain. This post is for educational purpose only
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
#Apollotyre cash : Keep investing in Sip format #Apollotyre cash - Investment call
27.04.2021
Keep investing at 170-200 zone..
for 240/280 in coming days
Cmp 205
ApolloTyre - Descending triangle patternPrice making a descending triangle pattern and its time for the break.
APOLLOTYRES BUY CMP 201
BUYING RANGE TILL 198
SL 190 ON CLOSING BASIS
TARGETS
208/219/228 BREAKOUT OUT / RESISTANCE LEVELS
ABOVE 228
TARGETS
236/247/256/264++
Appolo Tyres forming Decreasing wedge formation Appolo tyre can give breakout or breakdown . Enter the trade at retest after confirming volume
Long on Apollo TyresOne can accumulate Apollo Tyres upto 200 level. 200 is a strong support for apollo tyres and this price will be respected. The price will soon catch up with the 50DMA.
Apollo Tyres can be bought with a stop loss of 190.
Apollo Tyres Short @240-241Apollo Tyres Cash Levels Short In The Range Of
241-240 For Target-235-233-230-227+
SL 245
