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APOLLOTYREMARKET OUTLOOKSTOCK OUTLOOK

Apollo Tyres Outlook for the Week (May 20, 2024 – May 24, 2024)

Apollo Tyres
Apollo Tyres
Apollo Tyres closed the previous week on a negative note losing 9.70%.

Technically, Apollo Tyres share price will see immediate support at 462.77 and immediate resistance would be seen at 512.07.

If Apollo Tyres share price closes below immediate support of 462.77, then sharp breakdown can be seen. Apollo Tyres share price will see major support at 436.23 for the week.

On the positive side, immediate resistance will be seen at 512.07. Closing above 512.07, Apollo Tyres share price will see a sharp breakout. Major resistance for Apollo Tyres share price will be seen at 534.83 for the week.

Trading range for Apollo Tyres share price for this week should be between 413.47 on down side and 561.37 on up side.

Apollo Tyres Previous Week High: 508.3

Apollo Tyres Previous Week Low: 459

Apollo Tyres Previous Week Range: 49.3 Points

Apollo Tyres share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 561.37
Resistance 2 534.83
Resistance 1 512.07
Support 1 462.77
Support 2 436.23
Support 3 413.47
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