Apollo Tyres breaking out on long term weekly charts. Targets of that comes around 300 which is still 20% upside from cmp of 247.
The stock also retraced fully from Feb-2015 high of 249.8 to low of Jan-2016 of 127.05. Now next target is around 132.8% extension which comes at 290.
Disclosure: I am not a SEBI certified analyst so please take your own decision while acting on this call. At present i do not hold the stock but can buy any time.
The stock also retraced fully from Feb-2015 high of 249.8 to low of Jan-2016 of 127.05. Now next target is around 132.8% extension which comes at 290.
Disclosure: I am not a SEBI certified analyst so please take your own decision while acting on this call. At present i do not hold the stock but can buy any time.
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