Stock of the day : Buy Apollotyre Ltd For Target Rs.408

26/05/2023 11:16:11 AM | Source: Religare Broking Ltd

Stock of the day : Buy Apollotyre Ltd For Target Rs.408 - Religare Broking

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Apollotyre Ltd

* We’re seeing consistent buying in the tyre stocks and Apollo Tyre is leading from the front.

* It has witnessed a fresh breakout from a consolidation range and is trading at a record high.

* The chart pattern and indications from other indicators are pointing towards a steady up move.

* We thus recommend creating fresh longs in the mentioned range.

Buy Apollotyre Ltd CMP 389.20 ; Range 388-390; SL 379; Target 408

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Stock of the day : Buy Apollotyre Ltd For Target Rs.408 - Religare Broking

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