" Apollo Tyres "Break Down " Apollo Tyres "Break Down I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit. No Claim, All Rights Reserved.‼️ Shortby SureshandraBulls1
Apollo Tyres (ticker: APOLLOT)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 upward trend followed by a period of consolidation. - The price increased from around ₹300 in October 2023 to a high of approximately ₹560 in early 2024. - Since reaching this high, the stock has been consolidating, forming lower highs and higher lows, indicative of a symmetrical triangle pattern. Technical Patterns: - Symmetrical Triangle: The chart displays a symmetrical triangle pattern, characterized by converging trendlines of lower highs and higher lows. This pattern suggests a period of consolidation before a potential breakout. - Upper Trendline Resistance: Around ₹500 - Lower Trendline Support: Around ₹460 Trade Setup: - Wait for Breakout: The chart suggests waiting for a "perfect breakout" from the symmetrical triangle pattern. This breakout will signal the next potential move in the stock price. - Bullish Scenario: If the price breaks above the upper trendline resistance (around ₹500), it could indicate a continuation of the previous uptrend. - Buy Target Price (TP): ₹555, which is slightly below the recent high of ₹556.35. - Bearish Scenario: If the price breaks below the lower trendline support (around ₹460), it could signal a downward move. - Sell Target Price (TP): ₹415, which is a previous support level. Conclusion: The chart for Apollo Tyres shows a symmetrical triangle pattern, indicating a period of consolidation following an uptrend. Traders should wait for a breakout from this pattern to determine the next move. A breakout above ₹500 would suggest a bullish trend with a target price of ₹555. Conversely, a breakdown below ₹460 would suggest a bearish trend with a target price of ₹415. The key action is to wait for a confirmed breakout in either direction before making a trading decision.Longby The90sTraderOfficial4
Apollo tyrethe script is undergoing complex correction and has high probability of wave y unfolding to reach the bottom of the channel to make a retracement on higher degree wave 4Shortby Astute_Dharini_Trades1
Apollotyre uturn??Apollotyre might take a possible u turn or give an upside move with a decent stoploss and for good Targets ENTRY - 485 STOPLOSS - 481 TARGETS - 495, 505, 510++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or traded it ThankyouLongby chaitanya16921
Apollo Tyre LongAppolo tyre is at Support and may bounce up to 510 in short term. View negated if closed below 460. Longby abhisk900
Apollotyre uturn??Apollotyre might take a possible u turn or give an upside move with a decent stoploss and for good Targets ENTRY - 485 STOPLOSS - 481 TARGETS - 495, 505, 510++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or traded it ThankyouLongby chaitanya16922
Apollo Tyres Ltd. (APOLLOTYRE) Breakout StrategyThe chart is a daily candlestick chart of Apollo Tyres Ltd. (APOLLOTYRE) on the NSE, with the current price at INR 393.00. The chart shows a symmetrical triangle pattern, indicating potential price consolidation before a breakout. Key Observations: 1. Current Price and Trend: - The current price is INR 393.00, showing a slight increase of 2.26%. - The price is consolidating within a symmetrical triangle pattern. 2. Support and Resistance Levels: - Immediate resistance is around INR 483.45. - Support levels are marked at INR 453.40 and lower at INR 440.00. - Upper resistance target is at INR 553.15. - Intermediate resistance target is around INR 508.45. 3. Symmetrical Triangle Pattern: - The pattern indicates a period of consolidation with converging trend lines. - This pattern typically precedes a breakout in either direction. 4. Trade Strategies: - Bullish Scenario: - If the price breaks above the upper trend line of the triangle, it could signal a bullish breakout. - Potential targets after a breakout are INR 508.45 and INR 553.15. - A breakout above INR 483.45 could be a buy signal, with targets at INR 508.45 and INR 553.15. - Bearish Scenario: - If the price breaks below the lower trend line of the triangle, it could signal a bearish breakdown. - Potential downside targets could be INR 453.40 and INR 440.00. - A break below INR 453.40 could be a sell signal, with a lower target at INR 440.00. Summary: The chart of Apollo Tyres Ltd. is showing a symmetrical triangle pattern, indicating potential consolidation before a breakout. Traders should watch for a breakout above INR 483.45 for a bullish move with targets at INR 508.45 and INR 553.15. Conversely, a breakdown below INR 453.40 could signal a bearish move with a target at INR 440.00. The current price action suggests indecision, and traders should wait for a clear breakout or breakdown before taking positions.Longby The90sTraderOfficial1
Keep An Eye - Symmetrical Triangle Breakout soon - APOLLOTYRE📊 Script: APOLLOTYRE 📊 Sector: Tyres 📊 Industry: Tyres Key highlights: 💡⚡ 📈 Script is trading near resistance of Symmetrical Triangle Keep an eye on stock it will give breakout soon. 📈 One can go for Swing Trade only above 515-520. BUY ONLY ABOVE 515-520 ⏱️ C.M.P 📑💰- 510 🟢 Target 🎯🏆 - 557 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_2318
APOLLO TYRE BUY APOLLO TYRE - Upmove Expect Trade Reason : 1) Market Uptrend and Correction 0.50 Level 2) Trend reversal Confirm 3) Take position at trade ... Entry - 485 Rs Target - 540 Rs Stoploss - 435 Rs Thank you ... by Dreamtrader0012
APOLLOTYRE Primed for a Bullish BreakoutIntroduction APOLLOTYRE, a leading automotive company, has been making waves on the NSE Stock market recently. With its stock price bouncing back from a bearish trend, the company's shares have caught the attention of technical analysts and investors alike. In this blog, I'll take a closer look at the technical analysis of APOLLOTYRE's stock price and evaluate its potential for growth. Bullish Trendline Breakout The APOLLOTYRE stock price has been following a bullish trendline, drawn from June 22 to the current date. This trendline, which is a key technical indicator, suggests that the stock price is likely to continue its upward trajectory. The current closing price of Rs.488 is rebounding from the 0th level of the Fibonacci fans line, which is a strong signal of a potential uptrend. Fibonacci Fans and Wave Analysis The Fibonacci fans line, which is a popular technical tool, is a key component of the analysis. The 0th level of the Fibonacci fans line, which is the starting point of the trendline, is a significant level in technical analysis. If the stock price can break out of this level, it could potentially go up to Rs.620, which is the 0.25th level of the Fibonacci fans line. This level is considered a strong resistance point, which could provide a strong indication of a potential uptrend. OBV on MACD The On-Balance Volume (OBV) indicator, which is applied on the Moving Average Convergence Divergence (MACD) chart, is also providing a strong signal of buying pressure. The OBV line is showing an increase in buying volume, which is a positive sign for the stock price. This confirms the bullish sentiment and suggests that the stock price could continue its upward momentum. Conclusion In conclusion, the technical analysis of APOLLOTYRE's stock price suggests that the company's shares have the potential for growth. The bullish trendline breakout, the Fibonacci fans line, and the OBV on MACD analysis all provide strong indications of a potential uptrend. With the stock price rebounding from the 0th level of the Fibonacci fans line, investors should keep a close eye on APOLLOTYRE's performance and consider adding it to their portfolio if the stock price breaks out of the 0.25th level of the Fibonacci fans line. 📈💡Longby stocktechbot3
Apollo Tyre - Sell on riseHello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)Shortby GautamKhannaUpdated 8
#apollotyres Apollo Tyres is on the move! The upward momentum is gaining traction, and it's a trend worth watching. Stay tuned for potential growth ahead! #ApolloTyres #MarketUpdate #PositiveTrendsby Shreyron5
Appolo Tyre Cup and handle patternApollo Tyre Cup and handle pattern, not a recommendation to buy or sell. take your own analysis before any action.Longby niyaskalodi6615
Apollo Tyre Cup & Handle Breakout Targets Marked The weekly candle closed above the last resistance my SL at 410 closing basisLongby drak47222
ApolloTYRE Analysis - Cup and Handle - 1d - SwingPleasure to have you here. This is an investment analysis done for the Tickr, and potential in the Technicals. if you like the idea please like the post :) It will be a motivation to further such ideas. Disclaimer Note:- 1) This is just an analysis setup and no advice to trade/invest. 2) If you are making position, please have your risk to reward analysis and then enter. 3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.Longby dheerajprakash0575
Buy APOLLOTYRE at 385 with T435 and SL360NSE:APOLLOTYRE The stock just took a bullish momentum after the support at 365 levels. The next resistance is at 440 levels and the stock is expected to give a profit of 10 to 12%. Book the profit at resistance based on price action. Longby karthik07125
Apollo Tyres - Wave countApollo 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 by Treda_pro4
Caution AheadWeekly charts indicating caution. if trendline channel is broken. We can see some heavy selling till further support levels. Watch carefully. by Chart_analyser_NJ0
Apollo Tyres Day closing 385 than entry Target is 360 Add your watchlist this stock. I am not SEBI Register. Shortby RahulAyar116
Apollo Tyres-Nice breakout.Apollo Tyres-Nice breakout. Capital to be deployed- 20k Price -415 Stoploss-369 Targets-648 #apollotyres #nifty50 #NiftyBank #investment #StockMarket #StocksToBuyLongby Microcap_Investor115
APOLLOTYRENSE:APOLLOTYRE One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreatureUpdated 1121
Apollo tyres given breakoutBreakout above psychological Resistanve level of 400 . Now buy between 400 to 405 . SL below 400 daily close. It will be better to buy it on monday in last hour to make sure it sustain above 400 level.Longby Ace_Stock_Trading0