$NSE:APOLLOTYRE Looks Sell Side

Dear Followers,

I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock APOLLOTYRE I have been monitoring.

Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.

If Stock Break 382-380 level then possibly we can see 375,370,363 level so if you are ready to take Risk then I have 2 Strategies For Month Of Sep Series that we can Deploy.

1)
Buying an Option
Strike Rate = 385 PE
Buy Near 9
Stop Loss= 6
Target = 13,16
Time Frame 6-7 Days
Investment = 15300
maximum Loss= 5100
Profit Upto = 12000

2) Hedge strategy
Stock Name- APOLLOTYRE1!
Future Entry Level - Below 385
Future Stop Loss Level- 393
Future Target Level- 377,373,370
Option Level- 385 CE Near 12

Investment = 30000
Maximum Loss = 9000
Profit Upto = 16000

Best Regards,
Ajay Metha