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Swastik24
Feb 9, 2024 6:04 PM

Perfect Buying opportunity for APL Apollo Tubes Long

APL APOLLO TUBESNSE

Description

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 management.

Company targeting 60% market share by 2025 from 50% presently with strong distribution network, capacity expansion, increased capacity utilization and serving broader industries such as urban infra, housing, irrigation, solar plants, green houses & engineering.

Do your own due diligence before taking any action.

Peace !!


Comments
jayrammahabal
Thanks for very good information especially tech for entry and exit.
I am holding this stock last one year .
Swastik24
@jayrammahabal U must hav fed up, I can understand. Continue to hold, it will give good profit. Do check my other posts as well.
jayrammahabal
Thanks for supporting
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