The chart provided is a daily candlestick chart for Apollo Tyres (ticker: APOLLOT) on the National Stock Exchange (NSE). Here is a detailed analysis and summary of the chart:
Timeframe and Data:
- Timeframe: Daily
- Data Range: From around October 2023 to mid-2024
Price Analysis:
- Current Price: ₹481.65
- Price Movement: The stock price has shown a significant...
Apollo Tyres - Elliott wave count
Apollo Tyres appears to be completing wave A, with a wave B up move expected soon.
Please exercise caution when trading as this information is for educational purposes only.
NSE:APOLLOTYRE NSE:APOLLOTYRE1! BSE:APOLLOTYRE
The stock has finally broken out towards the upside after a lengthy period of consolidation, and all signs point towards potential gains. With the momentum firmly on its side and various technical tools indicating a clear path towards higher levels, now is the time to consider jumping on board. Apollotyre has the potential to soar towards price targets of...
NSE: APOLLOTYRE is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
Apollo tyre at all time high and making a bearish strong candle can more fall in next session, and there is also trendline support if it breaks then it can more fall.
>Approaching to resistance after 2018
>Preparing to break 5 years of consolidation
>forming U pattern on daily TF
>A good move can be seen after successfully >sustain above 300
We are long Apollotyre cmp 210/200 Maintain sl below 180 level upside target-300++ till dec-2022
we expect 50% return within 6 month
risk in this trade - 15% on stoploss level
ApolloTyer long position for Cash/Futures
ApolloTyer into Demand Zone now, you can take the entry from 209.30-210 with the Stop loss if a daily candle close below 202 then exit with a loss
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What we believe in:-
°Trade With Logic
°Take Time Before Investment
Saving Your Capital...
Apollo Tyre 1hr Chart formed Symmetric Triangle 08 Oct 2021. Watch out for Breakout. Need to cross the resistance zone 239-244 for the Target 260. Let me know what do you guys think.
Another stock that came on my radar is apollo tyre.
The stock has been moving in a range for the past 4 months.
Last week its closed well near its highs.
Now if the stock sustains 190 levels on the weekly basis, the stock might test its upper range 240- 255.
And if the range breaks on the upside, the stock could test its all-time highs i.e. 307.25.
Trend seems positive and ready to rally at current price support... hope nifty doesnt spoil the trend.
immediate resistance is at 144 so that will be the target 123 is the stop loss
