APOLLOTYRE trade ideas
Apollo Tyres - triangle pattern let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be satisfied.
Apollo Tyres - Daily ChartApollo Tyers trend line breaks down on the daily chart. Price retracing. A good level to short maybe once the price breaks down 110. Only for study purposes. I do not recommend anyone to enter the trade based on my views
APOLLO TYRESTHE OI CHAIN LOOKS PROMISING, FROM HERE IT CAN BE LONGED WITH A STOP LOSS OF 126.50
FOR A TARGET OF 128.75 AND 130.25, IF SUSTAINS ABOVE THIS THEN CAN EVEN SHOW 132.50
TRAIL YOUR STOP LOSS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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APOLLO TYRES Analysis form 28th August till date.The above chart is based on my research and analysis. I don't recommend anyone to strictly follow this chart and do trading. Do your own analysis and then proceed.
RSI Divergence #NiftyStock faced rejection at 136 Level of Resistance, indicating a correction with support of RSI Bearish Divergence .
Positional Buyer Look Here !Positional buyers look toward apollo stocks might seems toward 130-150-180!
SELL APOLO TYRES AT 130.52 TARGET 121.60 STOP LOSS 135.00BEARISH DIVERGENCE WITH DOUBLE TOP CHART PATTERN CONFIRMING TOP WITH BEARISH ENGULFING PATTERN.
SELL APOLLO TYRE LTD AT 130.52 TARGET 121.60 STOP LOSS 135.00
Apollo Tyre Breakout or False breakout Monday decidesTrend seems positive and ready to rally at current price support... hope nifty doesnt spoil the trend.
immediate resistance is at 144 so that will be the target 123 is the stop loss
APOLLOTYRE - AB=CDApollotyre might fall from PRZ 117.10 as this one is the 161.8% , so high probablity to respect this PRZ... Targets on chart.
R-0135 APOLLO TYRE IS STARTING TO ROLL (GO LONG)BUY-> 114.5-115
SL -> 111.90
TGT -> 121
TK cross over + ABOVE VWAP + CLOUD BREAK OUT + MACD cross over => Momentum continues with good volume buy.
In Channel movement of APOLLOTYREAPOLLOTYRE has been moving in a parallel channel. Could start an uptrend from here. Be careful if channel if broken towards downside.
APOLLO TYRES - LONG SetupAPOLLO TYRES - LONG Setup
BUFL, Breakout, Up Trend
Entry - 114.5 only with confirmation entry.
SL - 112.5
T1 - 125
T2 - 131
T3 - 134
Apollo Tyres from 5 July 2020The stock has been showing good movement May Month .--> markup then cosolidation happened ...
stock is moving toward the new level of 125 zone ....
Monthly increase of max 11% has happened in previous months ... -> max this month 20% (super max)
July opening of 108 has happened --- 108 *1.20 = 129.6 ( super max wick )
Possibility movement scenario ===
1. break the red line goes up ---> retest the red line ==> finally shooting to 125 zone
2. forming triple top --> touches the red line ==> goes down to grey zone ( s/r zone )
no very safe option strategy possible until breakout or reverse happen
if breakout call spread might be good ...
retracement till 112 possible don't lose nerve of steel ...
