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APOLLOTYREMARKET OUTLOOKSTOCK OUTLOOK

Apollo Tyres Outlook for the Week (August 21, 2023 – August 25, 2023)

Apollo Tyres
Apollo Tyres
Apollo Tyres closed the previous week on a negative note losing 4.17%.

Technically, Apollo Tyres share price will see immediate support at 383.72 and immediate resistance would be seen at 400.47.

If Apollo Tyres share price closes below immediate support of 383.72, then sharp breakdown can be seen. Apollo Tyres share price will see major support at 375.78 for the week.

On the positive side, immediate resistance will be seen at 400.47. Closing above 400.47, Apollo Tyres share price will see a sharp breakout. Major resistance for Apollo Tyres share price will be seen at 409.28 for the week.

Trading range for Apollo Tyres share price for this week should be between 366.97 on down side and 417.22 on up side.

Apollo Tyres Previous Week High: 401.35

Apollo Tyres Previous Week Low: 384.6

Apollo Tyres Previous Week Range: 16.75 Points

Apollo Tyres share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 417.22
Resistance 2 409.28
Resistance 1 400.47
Support 1 383.72
Support 2 375.78
Support 3 366.97

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