After dropping to 197.75, Apollo tyres has recovered 20% (~40 points) in last 30 days and is currently trading at 231.60. It is likely to reverse in the short-term towards 20days MA before proceeding upward.
Short Entry below: 230.45
SL: 237.50
Target: 221.5
Thanks
AAsta
Short Entry below: 230.45
SL: 237.50
Target: 221.5
Thanks
AAsta
Order cancelled
Short entry not triggered. Stock now looks bullish for long bet.
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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.