Apollo Tyres - Long Awaited Breakout
Updated
It has been observed that the price action trending downward for past few months and dropped from 290 to 230 levels. Now, the price action breaking above the downward trendline which will indicate a strong buying pressure and buyers comeback. Once it closes above 243 levels then it shall confirm the upward rally from here on and every dip shall become a buy.
T1- 250
T2- 250
SL- 230
T1- 250
T2- 250
SL- 230
Trade active
Trade active
It is crossing 243 levels which will further boost the rally. ThanksNote
As expected, it got the faster momentum after crossing 243 levels, now at 245Note
T2- 260*Thanks Shevam for correction.
Trade closed: target reached
T1 reached successfully. Still looking strong.Trade active
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