2024-09-25 12:04:38 pm | Source: Religare Broking Ltd
Stock of the day : Apollo Tyres Ltd For Target Rs. 560 - Religare Broking
Apollo Tyres Ltd
* After a decent correction from record high levels, the stock retraced to the support of its long term moving average i.e. 200 EMA.
* The stock consolidated in a broader range shaping into a reverse triangle pattern.
* It has also registered a breakout from its falling trend line which suggest resumption of uptrend.
* Thus, traders can consider longs in the mentioned range.
Buy Apollo Tyres Ltd CMP 528.65 Range 528.65 SL 512 Target 560
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Rajnath Singh and CM Yogi Adityanath inaugurate Tita...
J&K Sports Council conducts football trials for Chha...
Commerce Minister Piyush Goyal signals advancements ...
Harsh Sanghavi assumes office of Deputy CM, commits ...
TVS Ronin 225: The Neo-Retro Cruiser for the Modern ...
AU Small Finance Bank Announces Q2?FY26/H1?FY26 Fina...
IndiaAI Mission, WHO to spotlight AI applications in...
Yes Bank`s Q2 net profit drops 18 pc sequentially to...
Federal Bank Reports Record-High NII and Fee Income;...
GST cuts fuel nationwide festive sales, boost consum...
