APLAPOLLO - Technical Analysis

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

Technical Rating: 2.7

Here’s a comprehensive technical analysis of APL Apollo Tubes (APLAPOLLO) based on the provided data

📉 Trend Analysis

Current Price: ₹1,515 is below both the 50 DMA (₹1,704) and 200 DMA (₹1,620) — indicating a strong bearish trend.

Trend Status: The stock is in a reversal phase, approaching oversold territory with potential for a technical bounce, but no confirmation yet.

📊 Momentum Indicators

RSI (25.7): Deep in oversold territory, suggesting extremely weak momentum and a possible short-term rebound.

MACD (-55.0): Strongly negative, confirming bearish momentum and trend continuation.

Volume: Current volume (8.29L) is significantly below the 1-week average (14.39L), indicating low conviction and lack of buying interest.

📈 Moving Averages

Indicator Value (₹) Signal

50 DMA 1,704 Resistance

200 DMA 1,620 Resistance

Price trading well below both DMAs confirms strong downward pressure and trend weakness.

📉 Bollinger Bands

Likely trading near or below the lower band, consistent with RSI and MACD readings.

This suggests oversold conditions, but no confirmed reversal — watch for bullish divergence or volume spike.

🔍 Support & Resistance Zones

Level Price (₹) Significance

Support 1 1,480–1,500 Near recent lows and psychological support

Support 2 1,250–1,280 52-week low zone if breakdown continues

Resistance 1 1,620–1,640 200 DMA and breakdown level

Resistance 2 1,700–1,720 50 DMA and previous consolidation zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹1,480–₹1,500 (if RSI stabilizes and MACD flattens)

Exit Zone (Short-Term): ₹1,620–₹1,640 (first resistance), ₹1,700–₹1,720 (extended target if reversal confirms)

Stop Loss: ₹1,440 (below key support)

📌 Summary

Trend: Reversing with strong bearish bias

Momentum: Extremely weak, oversold signals emerging

Volume: Below average, no breakout signs

Technical Setup: High-risk entry near support; wait for confirmation

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