Apollotyre | Sandwich Candlestick Pattern spotted 🎯

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EDUCATIONAL POST
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕

--Buy above =244.20 or CMP
--Target = 293
--Stop-loss = 225
--R:R =2.65
--Expected Profit = (20% )
--Expected Holding = 1 Months only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) stock has formed sandwich candlestick pattern
2) Volume is very high
3) stock has just crossed 200 ema
4) Target is based on resistance zone at all time high
5) there is a trendline support as well

Target Done | 38 % | Apollo Tyres 💯


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