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pravinpatil26
May 25, 2017 3:48 PM

Long Opportunity in Apollo Tyres Long

APOLLO TYRESNSE

Description

Apollo Tyres has come out of 2 year long consolidation & now taking support of breakout line.... Rounding bottom pattern has also observed..... ADX & DI indicating strong strength...
Buy position can be initiated in Apollo Tyres for target of 300

Trade active

Apollo Tyres already up 10% from recommended price... previous high is 254.25, breaking of it will further aggregate the move...
Comments
Anand7
How did u arrive at the target of 300? Just curious
pravinpatil26
@Anand7, its based on rounding bottom implication and secondly psychological resistance
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