Apollo Tyres chart view; Losing grip on the road ahead

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Apollo tyres
CMP 229.65

The stock looks likely to be loosing its grip. It may be looked for downside target of 224 / 221 in the short term

View gets invalidated if trades above 233

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target 1 achieved.
In a slightly longer duration the stock may fall to even 208 levels.

Consider booking profits as per risk appetite.
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Hope you guys are making the most of it...

Cheers...!!!
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لقطة

Target of 208 done. Low made so far 207.80

CMP 211

Hope you guys have been able to make the most of it...
Do Follow us for more such trading ideas

Enjoy & Happy happy trading...!!!
apollotyresChart PatternsNIFTYtradingideasTrend Analysis

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