Apollo Tyres shows a neutral to mildly bullish technical setup. The stock is trading near ₹522 with the 20-day, 50-day, 100-day, and 200-day moving averages all indicating neutral to slight buy signals. RSI stands around 58.8, suggesting moderate upward momentum. Support levels are near ₹487 and ₹459, with resistance at ₹525 and ₹552. Despite recent short-term profit declines, Apollo Tyres demonstrates long-term growth potential backed by solid fundamentals and steady revenue growth.
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