Apollo Tyres Good buy for Investment.
I am sharing Apolotyre for the long term investment .
Keep in mind that it is a vision on a monthly chart, so it probably has a time horizon of years.
It generated a great bullish momentum from 2013 - 2015.
After this abrupt rise, we see a great corrective process that lasted from 2015 -2016
After that a huge upside move seen from 2016-2018 and
then we saw a huge correction from ATH and it lasted frm 2018- april 2020.
Now its rebounding.
The next resistance zone is 194-200 level.
So it may be a good buy for the tgt of 200/226/248/265/298
Good buying Zone may be 160-170..
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.
Keep in mind that it is a vision on a monthly chart, so it probably has a time horizon of years.
It generated a great bullish momentum from 2013 - 2015.
After this abrupt rise, we see a great corrective process that lasted from 2015 -2016
After that a huge upside move seen from 2016-2018 and
then we saw a huge correction from ATH and it lasted frm 2018- april 2020.
Now its rebounding.
The next resistance zone is 194-200 level.
So it may be a good buy for the tgt of 200/226/248/265/298
Good buying Zone may be 160-170..
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.
Note
3rd tgt achieved.Note
From 184 to 256
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.