2 Bullish Patterns under Construction ;-)APL Analysis
Closed at 460.36 (29-05-2025)
2 Bullish Patterns under Construction ;-)
Imemdiate Resistance is around 468 - 470
which needs to Cross & Sustain on Weekly basis.
It may then easily touch 550.
On the flip side, 441 - 445 may act as a Good Support.
& breaking 440 will bring more selling pressure towards
410 - 415.
APL trade ideas
APL LongGolden cross about to happen on monthly time frame (By the start of next month).
It broke out its all-time high, touched Fib 1.618 level and then retraced back to retest.
Currently breached its 10 moving average on monthly chart and weekly 50 moving average gave it support.
Its easy target can be 734 if it jumps again after the golden cross.