Ascending triangle Break out in APL Apollo tubes on daily Time frame we can expect at least target of depth of the triangle
Educational Series Price Action concept series Engulfing pattern Engulfing means to coverup small thing with larger thing. It is a pattern which shows counter attack made by bulls or bears. Bullish Engulfing Whenever the entire of body red candles(Bear) is covered by Big green candle(Bull) then it is called Bullish engulfing candle. This pattern shows...
APL APOLLO TUBES Time Frame : Daily Observation: * Triangle pattern Breakout * Life Time High Break. Resistance/Target: 1192 1283 1375 1431 Support: 1000 941
NSE:APLAPOLLO mid cap stock is forming triangle pattern. Cons: Trading above it's intrinsic value. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call. Profits are not made from following ideas, but by following Risk Management .
After previous uptrend in continuation of APL APOLLO forming VCP ON DAILY and currently forming bullish flag pattern. Trade with low RR. Bounce from RSI on DAILY.
Weekly time frame it is in channel so we can take buy now and do a swing trade
given all details in chart and trade based on ur own view recheck stock
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
APOLLO TUBES - Took the Weekly support Expecting bullish for the upcoming weeks
NSE:APLAPOLLO Comment: Target - 1024 Entry - 855 SL - 733
APLAPOLLO NSE is Bullish if 920 holds. Near Lifetime High. Breakout above 920. Positive Trend. **** Educational purpose only
Chart on the verge to break the box pattern, Closing above 950 to a target of 1024 and 1224
channel pattern break in 1 hr tf looking good swing can give targets till previous high im just sharing my views
NSE:APLAPOLLO The stock has taken support on the support trendline and looks to have started a bullish trend. One can enter for a swing opportunity at CMP. Target 1 in the previous swing high of 982. Target 2 is the resistance trendline. Target 3 is 1193 which is Fib retracement line. keep a trailing SL below the support trendline. Happy Trading.
Fundamentally strong APL Apollo at buying zone running in a channel. Possible upward move of around 22 percent or more. Buy on dip. Target: 1044 Disclaimer: Not a trade suggestion.
NSE:APLAPOLLO It's moving in a Channel and seems to make move up.
ENTRY @ cmp - 848 Stoploss - 804 daily close Target 970-100 Risk - 44 Reward - 120-150 BASIS of trade Bouncing from Trendline Support Rsi took support at 40 4th time Relative Strength above 0 Disclaimer: Educational view Evaluate the risk first before jumping on any trade