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APOLLOTYRE is looking good for a healthy return

Panjang
APOLLO TYRES (NSE:APOLLOTYRE)  
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NSE:APOLLOTYRE   APOLLO TYRES
Trend Analysis Chart Patterns apollotyres FLAG poleflag pattern
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trendanalysis chartpattern apollotyres flag poleflag pattern
APOLLOTYRE got a pole flag breakout recently and it is having a good consolidation after breakout. It has a gap to fill at ~255 in daily chart which I think it would fill before going up again.
the target comes as ~422 in flag pole breakout target and the price has a resistance ~416, the selling pressure would be seen there.

It can also be a very good long term stock as the parallel channel top gives a huge return.
Dagangan ditutup secara manual:
the stock has worked in proper way. it might go into in correction zone soon as RSI is very hot.. after that it can go to the channel top.
Penafian

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