Apollo Tyres, Bearish Reversal with Divergences & Evening Star

Stock : Apollo Tyres
CMP : 499
Timeframe : Monthly
Pattern : Bearish Reversal with Divergences & Evening Star
Trade Type : Short

Price Action & Technical Analysis
- Bearish Divergence
- MACD Down
- Price is below 5 Moving Average


Target 1 - Rs. 436
Target 2 - Rs. 366

Stoploss - Rs. 520

Disclaimer: "The information provided in this content is for educational purposes only. Please do your own research and consult with a professional financial advisor before making any investment or trading decisions. The author is not responsible for any financial losses incurred as a result of applying the information contained in this material."