Bullish trend in Apollo Tyres

Apollo Tyres
The company has made Two fold increase (consolidated ne profit of ₹444 Crores) in its third quarter ended December.

Trend Based Fib-ABC pattern:
CMP: 191.65
Stop loss: 192.4
Target 1: 206.05
Target 2: 214.5
Target 3: 221.30
All target achieved

DMI indicator:- +DI cross over -Di on 19 Jan and as on date ADX indicate the bullish trend will continue in coming time.