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Apollotyre : Look for sell signal on current flip resistance

18.12.2015-1

Entry Charts :

Below is the entry chart for the price rejection from 163 level. This entry is aggressive as we didn't wait for price to retest the CHANGE OF TREND area but we entered on the first pullback breakout after CHANGE OF TREND break

18.12.2015-2

Current level entry chart analysis :

We see no correct formation yet in the stock around CHANGE OF TREND area & we're waiting for a closer higher low near resistance level.

18.12.2015-3

 

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