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APOLLO TYRES LTD.APOLLO TYRES LTD.APOLLO TYRES LTD.

APOLLO TYRES LTD.

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APOLLOTYRE trade ideas

Apollo Tyres: Potential BounceApollo Tyres is currently positioned at a long-term trendline, which may indicate a potential bounce from these levels. Alternatively, investors might consider waiting for the stock to reach ₹440, a strong support level. The price has dropped approximately 20% from its all-time high. Fundamental Points for Apollo Tyres (2024): Market Capitalization: Approximately ₹33,260 crore. P/E Ratio: Around 19.32, indicating reasonable valuation. Debt-to-Equity Ratio: Low at 35.28, reflecting strong financial health. Return on Equity (ROE): Approximately 13%, showcasing effective profit generation. Sales Growth: Increased to ₹25,378 crore in FY 2024, up from ₹24,568 crore in FY 2023.
NSE:APOLLOTYRE
by DragonFly-Trading
Apollo Tyre Long Term AnalysisApollo Tyres: Technical and Fundamental Analysis Technical Analysis Long-Term Trendline A strong 2-year trendline has been established This trendline has provided support 7 times on the daily chart Current Market Situation The market is currently attempting to take support at this trendline If support holds, it could indicate continued upward momentum Potential Breakdown Scenario If the trendline support doesn't hold or breaks A buying opportunity may present itself around the 440 levels This could offer a favorable entry point for investors Fundamental Analysis : ✨ Company Overview 💹 Apollo Tyres is one of India's leading tire manufacturers The company has a significant presence in both domestic and international markets Key Fundamental Points Market Position: Strong market share in the Indian tire industry Product Range: Diverse portfolio covering passenger cars, commercial vehicles, and two-wheelers Global Presence: Operations in multiple countries, including Europe Financial Health: Raw Material Sensitivity: Profitability can be impacted by rubber price fluctuations Growth Drivers Increasing automobile sales in India Growing demand for replacement tires Expansion in international markets, particularly Europe Focus on premium tire segments Risks to Consider Volatility in raw material prices Intense competition in the domestic and international markets Economic slowdowns affecting automobile sales Regulatory changes related to environmental concerns Conclusion The technical analysis suggests a potential buying opportunity if the stock breaks below the long-term trendline, with a entry around 440 levels. Fundamentally, Apollo Tyres presents a mixed picture with strong market position and growth potential, balanced against industry-specific risks. Investors should weigh both technical and fundamental factors in their decision-making process.
NSE:APOLLOTYRE
by DragonFly-Trading
A High Probable Trade set up Friends when i call High Probable Trade set up means The required amount of Risk , and Reward is calculated before taking the Trade These are usually a sign of Consolidation or Correction phase before Heading for Down ward Move , I request those who are Trading in Futures wait for Proper Price rejection with Volume to take place in its current move then you can look for entering Please remember these trades are Positional Trade so Only Experienced Traders can take these as they tend to move slow in Few cases This is Education content Not an Advisory Please feel Free to Contact me if you have Questions Thanks
NSE:APOLLOTYREShort
by ShreeKrishna_F
4
APOLLOTYRE -Cup and Handle Pattern - Breakout - DailyAPOLLOTYRE - Watchout for pull backs It looks like you uploaded multiple stock charts, including for M&M Financial Services Ltd (M&MFIN) and Apollo Tyres Ltd (APOLLOTYRE). Here’s a quick technical analysis based on the charts you provided: ### . **Apollo Tyres Ltd (APOLLOTYRE)** - **Cup and Handle Pattern with Double Bottom:** The chart displays a **double bottom within a larger cup and handle** pattern, which typically signals strong buying momentum. - **Breakout:** - The stock has broken through the resistance level of **₹558.00**, showing strong bullish momentum. - Next major target appears to be around **₹687.05**, a rise of around **23%** from the breakout point. - **Volume Spike:** There is a sharp increase in volume, signaling institutional participation and validating the breakout. - **Support Levels:** After breaking through **₹558**, it should act as a key support, with **₹533** serving as a lower safety net. Stocks showing bullish patterns with notable breakouts from critical resistance levels, indicating potential upside movements in the near term. The increase in volume on both charts further reinforces the potential strength of the breakout moves.
NSE:APOLLOTYRELong
by VCharts_TA
Apollo Tyres Swing Long Update- Apollo Tyres is currently trading at 526.7 - Apollo Tyres already gave an upside of 4% from my entry and now it is setting up for a huge expansionary move - Apollo tyres will be at a lovely spot if you see it falling back or revisiting 512-519 - I will be interested to see Apollo tyres revisiting the same area to add a huge size - Please don't add size or take entries based on my opinion try to first manage risk according to your corpus and make sure you don't follow my advices blindly - Overall invalidation of this trade will be below 497
NSE:APOLLOTYRELong
by VKtradesimbalance