ApolloTyres Breakout.. Go Long for Higher Targets!!
Diupdate
ApolloTyre has given a Breakout from its Correcting Trend Channel Indicating the upmove has started and confirmed on the upside.. One can go long the stock at current levels or on some corrections retesting the breakout levels around 170 with Stoploss around 152 and long term higher targets of around 270/290. The Third wave has just started and may or may not give chance to enter on corrections as it will be fast move on the upside with several gap up days. This is just my view on the stock.
Happy Trading!!
Siraj Hudda, CFTe
Web: prowaveanalysis.com
Skype: sirajhudda
Email: contactus@prowaveanalysis.com
Facebook: facebook.com/prowaveanalysis/
Twitter: twitter.com/sirajhudda
LinkedIn: in.linkedin.com/in/siraj-hudda-cfte-9a59478
Happy Trading!!
Siraj Hudda, CFTe
Web: prowaveanalysis.com
Skype: sirajhudda
Email: contactus@prowaveanalysis.com
Facebook: facebook.com/prowaveanalysis/
Twitter: twitter.com/sirajhudda
LinkedIn: in.linkedin.com/in/siraj-hudda-cfte-9a59478
Catatan
The Upmove has got the steam again.. Going Higher!!
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