APOLLOTYRE - Technical Analysis

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

Technical Rating: 3.1

📊 Technical Overview of Apollo Tyres Ltd. (APOLLOTYRE)

📉 Trend Analysis

Current Price: ₹456

50 DMA: ₹458

200 DMA: ₹463

Trend Status: The stock is in a mild downtrend or consolidation phase, trading slightly below both moving averages. Price action shows a loss of momentum after peaking at ₹585, with recent weakness suggesting trend reversal or prolonged sideways movement.

📉 Momentum Indicators

RSI (48.8): Neutral — hovering near midline, indicating lack of clear momentum.

MACD (-1.29): Slightly negative — suggests bearish crossover, but not strongly directional.

Volume: 2.80L vs 1-week avg of 5.42L — significantly below average, pointing to low trading interest and weak conviction.

📊 Bollinger Bands

Price likely near the middle band, consistent with RSI and MACD neutrality.

Bands are narrowing, indicating low volatility and consolidation.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 458 Immediate resistance

200 DMA 463 Long-term resistance

Current Price 456 Slightly below both — weak bias

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 440–445 Recent swing low zone

Support 2 420–425 Stronger support zone

Resistance 1 460–465 DMA cluster resistance

Resistance 2 490–500 Previous bounce zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹440–₹445 (on dip near support)

Exit Zone (Short-Term): ₹460–₹465 (initial resistance), ₹490+ (if reversal confirms)

Stop Loss: ₹428 (below key support)

📌 Summary

Trend: Consolidating with mild bearish bias

Momentum: Weak and indecisive

Volume: Low — lacks breakout potential

Setup: Suitable for range-bound trading; wait for volume spike or MACD crossover before fresh entry

Would you like a scan of other auto component or tyre stocks showing stronger technical setups and earnings resilience?

Edit in a page