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Umang Bhutada

13th Jun · SEBI-Registered Analyst

Apollo Tyres – Breakout Watch

APOLLOTYRE
Important Levels: Support: 510 – 495 Resistance: 560 – 590 Structure: Consolidation near key resistance Business: Leading tyre manufacturer with global presence Beneficiary of auto demand and replacement cycle Strong domestic and export franchise Earnings: Healthy profitability profile Raw material costs supportive Strong cash flow generation Verdict: 👉 Auto ancillary leader 👉 Watch for breakout confirmation

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