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APOLLO TYRES POSITIONAL IDEA

Long
internal_0rgan Updated   
NSE:APOLLOTYRE   APOLLO TYRES
Apollo Tyres can be bought at CMP with stop loss of 105 or as per one's risk appetite.
Nearest resistances are around 133 and 142 levels so stock can face supply there and those are the price levels where we can book profits.
Also, tyre companies are in focus which can further lift up the trend of the stock.
Comment:
Trade horribly gone wrong.
SL still in place. Waiting for a reversal
Trade closed manually

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