APOLLO TYRES BULLISH CUP & HANDLE PATTERN
Apollo Tyres forms Cup & Handle pattern on Weekly chart.
Volume in the downtrend handle looks low.
Also, has given a weekly crossover between EMA50 & EMA200.
If gives handle breakout, one can enter a long position for mentioned short term & long term targets.
Stop Loss is mentioned.
Long term investors can wait for targets of 350-360.
Note: This is only for educational purpose. Trade at your own risk.
Volume in the downtrend handle looks low.
Also, has given a weekly crossover between EMA50 & EMA200.
If gives handle breakout, one can enter a long position for mentioned short term & long term targets.
Stop Loss is mentioned.
Long term investors can wait for targets of 350-360.
Note: This is only for educational purpose. Trade at your own risk.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.