Breakout in Apollo Tyres

27 thg 6

A good trend line breakout in Apollo Tyres Ltd. After making a high of around 550-560 the stock showed correction and made a low between 420-440. Afterwards it recovered from lows and now it has given a trendline breakout. The stock has sustained above the trendline that gives a conviction to perform good. Possible targets can come in the range 560-600.
(Only for educational and informational purpose. I am not a SEBI Registered person.)