Stock of the day : Buy Apollo Tyres Ltd For Target Rs. 358 - Religare Broking
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Apollo Tyres Ltd
* We are seeing fresh traction in tyre space and Apollo Tyre is leading from the front.
* It has been trading in a range for the last 4 months, after making a new record high at 339.95 levels in January 2023.
* It is trading on the verge of a breakout from the same now.
* We thus suggest initiating fresh longs as per the given levels.
Buy Apollo Tyres Ltd CMP 341.45; Range340-343; SL 332; Target 358
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