Apollo Tyres is forming a descending triangle on the hourly chart here. Indicative of a further downfall for the stock...
Note
I have been proven wrong here. The chart now seems to be forming a double bottom and might see a possible rebound from here on.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.