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APOLLOTYREMARKET OUTLOOKSTOCK OUTLOOK

Apollo Tyres Outlook for the Week (August 14, 2023 – August 18, 2023)

Apollo Tyres closed the previous week on a negative note losing 10.96%.

Technically, Apollo Tyres share price will see immediate support at 378.65 and immediate resistance would be seen at 426.95.

If Apollo Tyres share price closes below immediate support of 378.65, then sharp breakdown can be seen. Apollo Tyres share price will see major support at 361.45 for the week.

On the positive side, immediate resistance will be seen at 426.95. Closing above 426.95, Apollo Tyres share price will see a sharp breakout. Major resistance for Apollo Tyres share price will be seen at 458.05 for the week.

Trading range for Apollo Tyres share price for this week should be between 330.35 on down side and 475.25 on up side.

Apollo Tyres Previous Week High: 440.85

Apollo Tyres Previous Week Low: 392.55

Apollo Tyres Previous Week Range: 48.3 Points

Apollo Tyres share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 475.25
Resistance 2 458.05
Resistance 1 426.95
Support 1 378.65
Support 2 361.45
Support 3 330.35

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