VijayBabuA

APLAPOLLO double Top on Weekly

Short
NSE:APLAPOLLO   APL APOLLO TUBES
it looks like it has formed double top on daily and weekly chart.
if broader market continues it in down trend, we can expect retest of 50WEMA.
in the last 3 years it never touched 100WMA.
we may see 1360(50WEMA) in bearish case.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.