Sensex, Nifty, Share Prices LIVE: The short-term outlook for Apollo Tyres is bullish. The stock has risen sharply over 4 per cent on Tuesday. This rise has taken the share price well above a key resistance level of ₹480.
It indicates a bullish breakout and signals that the upmove has gained momentum. The broad region between ₹480 and ₹470 will act as a good support now and limit the downside.
Apollo Tyres share price can rise to ₹510 in the coming weeks. Traders can buy Apollo Tyres shares now at 488. Accumulate on dips at ₹480.
