APOLLOTYRE looks ripe for some short selling

Date:

APOLLOTYRE (NSE) is facing stiff resistance at 194-200 level. A previous low was formed around this level in the first week of February 2019 which it is finding hard to breakout of.

SELL APOLLOTYRE (NSE) AT 195 WITH SL OF 203 AND FIRST TARGET 170 AT WHICH EXIT 50% OF THE POSITION AND HOLD REST WITH A TRAILING STOP LOSS

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