APOLLOTYRE trade ideas
APOLLOTYRE - Bullish reversal seen in 15 min TFTwo patterns found: Bullish shark and bullish Alt Shark
Bullish shark view gets negated if price closes below 184.
If 15 min candle closes above 185.6, bullish shark gets activated with SL of 183.5.
Alt Shark PRZ at 183-184. SL 181. TGT marked in the chart. Gets activated only if the above mentioned Bullish hark fails.
APOLLOTYRE Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Trend line Breakout or contiunationTrend line Breakout or continuation
consider weekly double bottom
Short sell One can look for short sell for day trading and look to book near the forecast with trailing stop
Double Bottom and Head & Should Double Bottom and Head & Should , wait for the confirmation and use the swing to buy
Apollo Tyres Trend Analysis & Trade Setup !!TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 6 to 10 times.
APOLLOTYRE has retested trend lineAPOLLOTYRE has retested trend line. We can see reversal from here. Good opportunity for short. Only for aggressive traders.
APOLLOTYRE ShortApollotyre is at the point of intersection of a downward trend line and a support/resistance line. High possibility of a down movement.
APOLLOTYRE Delivery Setup & Short Setup [Intraday] NSE:APOLLOTYRE On 1H time frame apollotyre has been forming a bullish price channel with possibility of price rebounding from the main trend line. There are two possible setups in the near future:
1) Delivery Setup: Price can rebound from 172.70 with SL at 170.80 and potential target at 185. RR: 6.15
2) Short Setup: Sell at 185.05 with SL 186.65 and TP 181.95. RR: 2
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
APOLLO TYRE SHORT ( INTRADAY)APOLLO TYRE SHORT ENTRY 174.60 STOP- LOSS 176.75 TARGET PRICE 169.30
NOTE : CONSULT YOUR REGISTERED ADVISER BEFORE TAKING ANY TRADING DECISION.
