Apollo Tyres - A sideways stock
Statement: Apollo Tyres has remained stagnant this year, trading between 450 and 560 despite the broader market rally.
Key Points:
1. The stock was in a downtrending channel during the October-November market correction.
2. A breakout from the channel signals a bullish reversal.
3. Distinct accumulation and distribution zones provide opportunities for effective swing trades.
Key Points:
1. The stock was in a downtrending channel during the October-November market correction.
2. A breakout from the channel signals a bullish reversal.
3. Distinct accumulation and distribution zones provide opportunities for effective swing trades.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。