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APOLLOTYREMARKET OUTLOOKSTOCK OUTLOOK

Apollo Tyres Outlook for the Week (December 18, 2023 – December 22, 2023)

Apollo Tyres
Apollo Tyres
Apollo Tyres closed the previous week on a negative note losing 5.13%.

Technically, Apollo Tyres share price will see immediate support at 439.68 and immediate resistance would be seen at 463.58.

If Apollo Tyres share price closes below immediate support of 439.68, then sharp breakdown can be seen. Apollo Tyres share price will see major support at 428.82 for the week.

On the positive side, immediate resistance will be seen at 463.58. Closing above 463.58, Apollo Tyres share price will see a sharp breakout. Major resistance for Apollo Tyres share price will be seen at 476.62 for the week.

Trading range for Apollo Tyres share price for this week should be between 415.78 on down side and 487.48 on up side.

Apollo Tyres Previous Week High: 465.75

Apollo Tyres Previous Week Low: 441.85

Apollo Tyres Previous Week Range: 23.9 Points

Apollo Tyres share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 487.48
Resistance 2 476.62
Resistance 1 463.58
Support 1 439.68
Support 2 428.82
Support 3 415.78
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