APL APOLLO TUBES LTDViés de alta
APLAPOLLO has done flag breakout with high volume
APLAPOLLO APLAPOLLOis uptrending stock in tyre manufacturing industry.
Considering consolidation from long period since september 21, stock has made breakout today with high volume.
RSI is also crossing level of 60 which shows bull are aggressive in buying and seller are requiring premium to sell.
looks like Stock has completed A-B-C correction and may start new impluse as per elliot wave principals.
Generally if there is followup then upside 40% is seen in this stock.
Kindly do your own analysis and follow your SL.
Please like, share and follow to get more stocks ideas and technical content.
APLAPOLLOis uptrending stock in tyre manufacturing industry.Considering consolidation from long period since september 21, stock has made breakout today with high volume.
RSI is also crossing level of 60 which shows bull are aggressive in buying and seller are requiring premium to sell.
looks like Stock has completed A-B-C correction and may start new impluse as per elliot wave principals.
Generally if there is followup then upside 40% is seen in this stock.
Kindly do your own analysis and follow your SL.
Please like, share and follow to get more stocks ideas and technical content.
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