APL APOLLO TUBES LTD
Long
Aggiornato

APL Apollo Tubes - Channel trend followed beautifully

104
Stock is moving beautifully in a channel on weekly charts with each spike met by good volumes. Chances of a correction in the short term is very likely as price is reaching the upper end of the channel.
In case of a correction (high probability of a 5-7% correction), it should be used to enter the stock as a core holding as it is in a secular uptrend.


Trade attivo
As mentioned, short term correction taking place, now should be watched closely to build positions for the long term
Trade attivo
Consolidation taking place, should move higher in times to come
Trade attivo
Going as intended

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