Can Apollo tyres break the zone this time with good volumes
Mis à jour
Apollo tyres is at a key resistance level. This time it is moving up after the pandemic correction. There was some pullback last week, but it reversed with a big candle and volume. Need to see if the up-trend will continue or will it stay in the zone for some consolidation.
Transaction en cours
After every up move the stock retraces back to around 70%, so there seems to be a possibility of retracement till 185 before an up move. This might also provide an affordable entry with a stop loss of 180.Trade fermée: ordre d’arrêt atteint
Sharp Market correction and price breaks trend and stop loss.
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