Apollo tyre is range bound and waiting for a breakout

15 בפבר׳ 2021

APOLLOTYREI have used 1 hour time frame
236 seems to be a very strong support
If market is bullish we can go long at 236-239 for a target of 247 for swing traders and intraday traders wait for breakout at 247.
Some people prefer range bound trading, can buy between 236 to 247 anytime

If we make the time frame to 15 min, more buying opportunities can be seen

Remember : Dont always look for price, confirm with RSI and MACD and SQZMOM indicator along with good volumes