Looks like primary Wave 2 is about to end and primary Wave 3 will start soon. Price has reached 61.8 Fib zone and showing strong bullish divergence with RSI on both daily & weekly TF. Good to accumulate around 1300-1350 levels for a target of 2300 in medium term. More than 70% upside potential from CMP. Stop loss optional according to your risk...
www.tradingview.com APLAPOLLO: Really Bearish view after looking at Triple Top and then Inverted Cup & Holder pattern. The last support is 1450 level. If it closes below this level on Daily timeframe, it will be in a severe bearish rally situation. The next level below will be 1329 and then further 1200 levels. On above side, until it is not crossing 1800 level,...
NSE:APLAPOLLO One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
NSE:APLAPOLLO mid cap stock is forming triangle pattern. Cons: Trading above it's intrinsic value. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call. Profits are not made from following ideas, but by following Risk Management .
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
NSE:APLAPOLLO It's moving in a Channel and seems to make move up.
APLAPOLLO Looking Bullish If sustain above 1717 will touch 1760-1800-1840 in coming days