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Showing posts from December, 2022

Multiyear breakout stock for this month

Apollo tyres is manufactures of automatic bias and radial tyres, and tubes. Company is the owner of 2 bands of tyres, apollo & Vredestein. Kochi, Vadodar, Pune & Chennai has its plants. Market cap is 20272cr and its current ptice is 319. Last week its already happened break out after 2018. Its a Multiyear breakout & a high chance of making profit in a short term. Breakout range is 300-307. Good entry we can take this range and must keep stoploss is below 275. Its a strong candle high volume breakouts and we expecting target 525 within 3 to 8 months during the period.