APL APOLLO | TECHNO-FUNDA ANALYSIS

APL Apollo Tubes – 1D

Trend Stock remains in steady uptrend but currently consolidating under resistance after a small pullback. Support & Resistance Immediate Resistance: 1,808 Major Resistance: 1,934 Immediate Support: 1,731 Major Support: 1,655 Expected Move A bounce from 1,731 can retest 1,808, and a breakout can target 1,934. Break below 1,731 opens downside toward 1,655. Fundamentals (Short) Market leader in structural steel tubes, strong volumes, robust expansion pipeline. Final Verdict Bias is positive; watch for strength above 1,808. Avoid if it slips below 1,731.