Signals, Powered By EquityPandit
Apollo Tyres closed the previous week on a negative note losing 10.41%.
Technically, Apollo Tyres share price will see immediate support at 487.20 and immediate resistance would be seen at 545.25.
If Apollo Tyres share price closes below immediate support of 487.20, then sharp breakdown can be seen. Apollo Tyres share price will see major support at 464.50 for the week.
On the positive side, immediate resistance will be seen at 545.25. Closing above 545.25, Apollo Tyres share price will see a sharp breakout. Major resistance for Apollo Tyres share price will be seen at 580.60 for the week.
Trading range for Apollo Tyres share price for this week should be between 429.15 on down side and 603.30 on up side.
Apollo Tyres Previous Week High: 557.9
Apollo Tyres Previous Week Low: 499.85
Apollo Tyres Previous Week Range: 58.05 Points
Apollo Tyres share price support and resistance for the week (February 12, 2024 – February 16, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 603.30 |
| Resistance 2 | 580.60 |
| Resistance 1 | 545.25 |
| Support 1 | 487.20 |
| Support 2 | 464.50 |
| Support 3 | 429.15 |
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