Apollo Tyres - A sideways stock
Statement: Apollo Tyres has remained stagnant this year, trading between 450 and 560 despite the broader market rally.
Key Points:
1. The stock was in a downtrending channel during the October-November market correction.
2. A breakout from the channel signals a bullish reversal.
3. Distinct accumulation and distribution zones provide opportunities for effective swing trades.
Key Points:
1. The stock was in a downtrending channel during the October-November market correction.
2. A breakout from the channel signals a bullish reversal.
3. Distinct accumulation and distribution zones provide opportunities for effective swing trades.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.