Trade_for_growth

Can Apollo tyres break the zone this time with good volumes

Largo
Trade_for_growth Actualizado   
NSE:APOLLOTYRE   APOLLO TYRES
Apollo tyres is at a key resistance level. This time it is moving up after the pandemic correction. There was some pullback last week, but it reversed with a big candle and volume. Need to see if the up-trend will continue or will it stay in the zone for some consolidation.
Operación activa:
After every up move the stock retraces back to around 70%, so there seems to be a possibility of retracement till 185 before an up move. This might also provide an affordable entry with a stop loss of 180.
Operación cerrada: precio stop alcanzado:
Sharp Market correction and price breaks trend and stop loss.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.