🚨 APOLLO TYRES – Technical Analysis & Trade Plan
🔍 Swing / Positional Opportunity
🔎 Step-by-Step Analysis
1. Monthly Timeframe View
🔸 Previous Monthly High: ₹584.90
🔸 Apollo Tyres Corrected 36.7% from ATH
🔸 Current Market Structure: Price has now entered a strong Monthly POI (Point of Interest) zone.
🔸 Today’s Low: ₹375 – This aligns exactly with our key POI, suggesting possible institutional accumulation.
🔸 Previous Key Swing High: ₹423.50 – This has been broken, indicating a shift in structure from bearish to bullish.
💡 This tells us that supply has weakened and buyers have started dominating. The fact that price has moved out of the demand zone and above the previous structure confirms the strength of this level.
2. Lower Timeframe Confirmation
✅ Today’s gap-down has been fully filled, which often confirms price strength and supports a reversal move.
✅ Price reacting sharply at POI shows that smart money is active at this level.
📈 Entry, Stoploss & Targets
📍 Entry Zone: ₹389 – ₹374
📉 Stop-Loss: ₹355 (just below structure and POI)
📊 Target 1: ₹440
🎯 Target 2: ₹520
📌 Risk-Reward: Well defined with a small risk, giving a potential for large upside.
"Risk is limited, but reward potential is big. A textbook Smart Money entry."
⚠️ Market Conditions
📉 Global markets are weak, so it's important to follow risk management strictly.
👉 Always enter with a stop-loss in place. No blind entries.
✅ Summary & Key Takeaway
Apollo Tyres is showing signs of a strong reversal from a high-timeframe demand zone. With confirmations on both higher and lower timeframes, this could be the right time to start accumulating with a long-term view.
A well-timed, low-risk entry could result in substantial gains.
📢 Don’t Miss Out!
✅ Follow for more smart money-based setups.
👍 Drop a like if this helped and comment with your thoughts!
💬 Let’s chat in the comments section. See you there! 🚀📊
🔍 Swing / Positional Opportunity
🔎 Step-by-Step Analysis
1. Monthly Timeframe View
🔸 Previous Monthly High: ₹584.90
🔸 Apollo Tyres Corrected 36.7% from ATH
🔸 Current Market Structure: Price has now entered a strong Monthly POI (Point of Interest) zone.
🔸 Today’s Low: ₹375 – This aligns exactly with our key POI, suggesting possible institutional accumulation.
🔸 Previous Key Swing High: ₹423.50 – This has been broken, indicating a shift in structure from bearish to bullish.
💡 This tells us that supply has weakened and buyers have started dominating. The fact that price has moved out of the demand zone and above the previous structure confirms the strength of this level.
2. Lower Timeframe Confirmation
✅ Today’s gap-down has been fully filled, which often confirms price strength and supports a reversal move.
✅ Price reacting sharply at POI shows that smart money is active at this level.
📈 Entry, Stoploss & Targets
📍 Entry Zone: ₹389 – ₹374
📉 Stop-Loss: ₹355 (just below structure and POI)
📊 Target 1: ₹440
🎯 Target 2: ₹520
📌 Risk-Reward: Well defined with a small risk, giving a potential for large upside.
"Risk is limited, but reward potential is big. A textbook Smart Money entry."
⚠️ Market Conditions
📉 Global markets are weak, so it's important to follow risk management strictly.
👉 Always enter with a stop-loss in place. No blind entries.
✅ Summary & Key Takeaway
Apollo Tyres is showing signs of a strong reversal from a high-timeframe demand zone. With confirmations on both higher and lower timeframes, this could be the right time to start accumulating with a long-term view.
A well-timed, low-risk entry could result in substantial gains.
📢 Don’t Miss Out!
✅ Follow for more smart money-based setups.
👍 Drop a like if this helped and comment with your thoughts!
💬 Let’s chat in the comments section. See you there! 🚀📊
Trade closed: target reached
✅ Apollo Tyres 🚗 | 🎯 Target 1 Achieved – Fast & Clean Move!📌 Previous Analysis Recap:
We identified a strong monthly POI and posted the idea before the price entered the zone.
Entry Zone was clearly marked between ₹389 – ₹374 with a strict Stop-Loss of ₹355.
Our first target was set at ₹440.
📈 Today’s Price Action:
✅ Price made a high of ₹441.60, comfortably achieving Target 1.
💥 The move happened quickly, validating our timing and technical levels.
🔁 Entry zone respected beautifully, confirming buyer dominance from the POI.
🔎 What Led to This Update:
✅ Clean Monthly POI Tap
✅ Strong Break Above Previous Swing High of ₹423.50
✅ Lower Timeframe Gap Fill confirmed strong intent
✅ Entry came with minimal drawdown and tight risk
💼 What Now?
🟢 Partial Booking Recommended at ₹440
📍 Trail SL to around ₹405–₹410 (depending on your style)
🎯 Next Targets:
Target 2: ₹520
Target 3: ₹580+ (Long-Term)
💡 Key Learning:
The trade respected our SMC-based zone and rewarded early positioning.
Such fast moves post POI confirmation are a hallmark of high R:R trades.
📢 Don’t Miss Out!
✅ Follow me for more clean setups & timely updates
👍 Like if this helped your trading
💬 Drop your thoughts or chart requests in the comments!
🚀 See you in the next update!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.