Cup & Handle Chart Pattern Breakout | APLAPOLLO

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โญ•๏ธ Price Action Analysis Alert !!!โญ•๏ธ

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โœ…Overview of APL Apollo Tubes Ltd.

๐Ÿ‘‰It is Indiaโ€™s leading manufacturer of structural steel tubes and hollow sections, widely used in construction, infrastructure, and industrial applications
๐Ÿ‘‰Focused on substituting traditional building materials with advanced steel solutions.

โœ…Fundamental Analysis

๐Ÿ“The company maintains healthy profit margins due to cost-efficient operations and strong pricing power.
๐Ÿ“ Managed to keep its debt under control, maintaining a strong balance sheet.
๐Ÿ“High ROE and ROCE
๐Ÿ“Stock valuation due to strong growth potential, market leadership, and consistent performance.

โœ…Technical Analysis:

1๏ธโƒฃCup&Handle chart Pattern Bo
2๏ธโƒฃSupporting Volume
3๏ธโƒฃSupporting EMA
4๏ธโƒฃBO Confirmation
5๏ธโƒฃStrong Support

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