Apollo Tyres – Technical Snapshot

Apollo Tyres – Technical Snapshot (For Educational Purpose Only | SEBI Reg. INH000019886) 🔹 Trend: Stock moving beautifully inside a rising channel, respecting both upper & lower trendlines. 🔹 Momentum: Trading above 20-EMA, Bollinger bands expanding — bullish strength intact. 🔹 Price Action: Recent candles showing higher lows + steady volume = continuation bias. 🔹 Key Levels: Support: ₹515 / ₹500 Immediate Resistance: ₹535 (channel top) 🔹 Targets: T1: ₹545 T2: ₹560 (channel extension) 🔹 View: Sustaining above ₹515 keeps the uptrend healthy; breakout above ₹535 can give fresh momentum. ⚠️ For education only, not investment advice.