APOLLOTYRE - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 3.5

APOLLOTYRE shows mild technical support but lacks strong short-term momentum. It’s not flashing immediate breakout signals, but it could be a tactical swing opportunity on a bounce from support zones—especially for traders eyeing a 7–10% play with tight risk management.

🧩 Technical Outlook

Neutral RSI (48.8): Neither overbought nor oversold—room for up or down.

MACD Negative (-1.29): Weak near-term momentum.

Price at Support: Hovering near 50 DMA (₹458) and 200 DMA (₹463)—technical cushion.

Volume Dip: Under weekly average, suggesting low conviction.

📊 Fundamental Snapshot

Low ROCE (11.4%) & ROE (8.61%): Moderate efficiency—won’t excite growth-focused swing traders.

EPS ₹17.7 & P/E 23.4: Reasonable valuation compared to industry PE (33.9).

PEG Ratio 0.94: Fairly priced for expected growth.

Debt to Equity 0.30: Financials well-managed.

Dividend Yield (1.10%): Slight bonus for holders.

PAT Qtr: ₹264 Cr vs Prev ₹340 Cr (-30.1%): Needs earnings rebound to fire upside.

📥 Optimal Entry Price

Accumulation Zone: ₹445–₹455

Entry Conditions

MACD flattens or turns positive

Volume spikes past 4L+ on green candle

RSI lifts toward 52+

🚪 Exit Strategy (If Holding)

Initial Target: ₹470–₹480 (test 50 DMA resistance flip)

Momentum Exit: ₹495–₹510 on MACD crossover and RSI above 58

Stretch Target: ₹525 if volume surges and price breaks ₹500

Stop Loss: ₹437 (below recent support zone)

🧠 Final Thought

APOLLOTYRE feels like a “wait and watch” setup—neither deeply discounted nor technically explosive. If it bounces from the 450 zone with momentum and volume confirmation, there’s a clean path for a modest swing. But chasing it without signs of life is a one-way ticket to sideways.

Want to compare it with MRF, CEAT, or JK Tyre for sectoral strength? Let me know—I’ll roll out that tread chart for you 🛞📊.

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