Apollo Tyres is in a range bound where we can spot strong accumulation. Price takes good support at previous resistance zone. One can accumulate when the price is in the accumulation zone and as the price breaks the high of the mother candle we could see some good up move with momentum. Price might stay in this zone for a few days. More the accumulation time, stronger will be the breakout momentum !
I hv some share at the price of 254. can u give any good target and time period
Ratna_Prakash
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@Arsh2651, As of now the stock is in accumulation zone. It might take sometime for it to breach your buy price. If you are long term investor try holding it. If you are a positional trader then try exiting based on your risk appetite