APOLLOTYRE – Reversal in Play After 5-Wave Decline
# 📊 \ APOLLOTYRE – Bullish Reversal on 60-Min Chart\
🔍 \ Completed 5-Wave Down → ABC Correction → Support Reaction\
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## 🟦 \ Support Zone: ₹439.52 – ₹444.40\
📌 This critical demand zone includes:
• TS3 Low
• End of corrective wave
• Strong volume cluster (smart money reaction)
➡️ Price bo
Next report date
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Report period
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EPS estimate
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Revenue estimate
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17.65 INR
11.21 B INR
258.92 B INR
331.67 M
About APOLLO TYRES LTD
Sector
Industry
Website
Headquarters
Gurugram
Founded
1972
ISIN
INE438A01022
FIGI
BBG000CNBX64
Apollo Tyres Ltd. engages in the production and trading of automotive tyres, tubes and flaps. It operates through the following geographical segments: Asia, Pacific, Middle East, Africa (APMEA); Europe, and Others. The APMEA segment includes manufacture and sales operation through India and entities in UAE, Thailand, Malaysia and South Africa. The Europe segment is composed of the manufacture and sales operation through the entities in Europe. The Others segment deals with the sales operation in America and all other corporate entities. The company was founded by Raunaq Singh in 1972 and is headquartered in Gurugram, India.
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Buy Apollo Tyres - Target 568 / 25% upside / 3-5 months
I had published an idea on the same stock earlier. Here is an updated one.
Apollo Tyres completed Impulse Sub-wave (I & II) of larger degree wave V. All the detailed wave markings are available on the chart.
Buy with a target of 568.00 (fibo 1:1) (about 25% upside) with a stop loss of 420.80 wi
Apollo Tyres: Navigating the WavesWelcome to RK_Chaarts.
Today, we're analysing the daily time frame chart of Apollo Tyres from Elliott waves perspective. Here, we can clearly see that the intermediate-degree Wave (3) (blue) formed a high around ₹555 in February 2024. After that, an A-B-C corrective pattern unfolded in a 3-3-5 exp
Apollo Tyres LtdDate 18.03.2025
Apollo Tyres
Timeframe : Weekly Chart
Remarks :
1 Can consider 38% as wave 4 completion since there's bullish engulfing candle also formed
2 At the same time took support of 200 weekly exponential moving average
3 For swing or short/mid term entry keep 38% as strict stop loss
Apollo Tyres Ltd (Slow and steady wins the race)Apollo, established in 1972, manufactures automatic bias and radial tyres, and tubes. It has plants in Kochi, Vadodara, Pune, and Chennai. The product profile includes prominent tyre brands in the T&B, light truck, passenger car, and farm vehicle segments in India, catering to both original equipmen
APOLLOTYRE Trading Near Weekly Demand ZoneAPOLLOTYRE is currently trading at ₹389, which is just below the ₹390 (baseHigh) level of its weekly demand zone (₹390 - ₹370.60), identified on 6th November 2023. This suggests the stock is testing the upper boundary of the demand zone. If buyers step in, it could see a bounce from this level, wher
Apollo tyresAs we see on Weekly time frame it has broken its Support with a strong bearish candle and broken level can be retested on lower time frame where it would be a better entry for Short with respective Risk reward, if not one can make an entry below the low of this current candle and a trailing stoploss
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of APOLLOTYRE is 458.60 INR — it has decreased by −2.89% in the past 24 hours. Watch APOLLO TYRES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange APOLLO TYRES LTD stocks are traded under the ticker APOLLOTYRE.
APOLLOTYRE stock has fallen by −0.94% compared to the previous week, the month change is a −2.22% fall, over the last year APOLLO TYRES LTD has showed a −13.47% decrease.
We've gathered analysts' opinions on APOLLO TYRES LTD future price: according to them, APOLLOTYRE price has a max estimate of 600.00 INR and a min estimate of 383.00 INR. Watch APOLLOTYRE chart and read a more detailed APOLLO TYRES LTD stock forecast: see what analysts think of APOLLO TYRES LTD and suggest that you do with its stocks.
APOLLOTYRE reached its all-time high on Sep 26, 2024 with the price of 584.90 INR, and its all-time low was 3.80 INR and was reached on Sep 17, 2001. View more price dynamics on APOLLOTYRE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
APOLLOTYRE stock is 3.34% volatile and has beta coefficient of 1.54. Track APOLLO TYRES LTD stock price on the chart and check out the list of the most volatile stocks — is APOLLO TYRES LTD there?
Today APOLLO TYRES LTD has the market capitalization of 291.35 B, it has increased by 1.08% over the last week.
Yes, you can track APOLLO TYRES LTD financials in yearly and quarterly reports right on TradingView.
APOLLO TYRES LTD is going to release the next earnings report on Aug 6, 2025. Keep track of upcoming events with our Earnings Calendar.
APOLLOTYRE earnings for the last quarter are 4.80 INR per share, whereas the estimation was 4.68 INR resulting in a 2.64% surprise. The estimated earnings for the next quarter are 5.16 INR per share. See more details about APOLLO TYRES LTD earnings.
APOLLO TYRES LTD revenue for the last quarter amounts to 64.24 B INR, despite the estimated figure of 65.43 B INR. In the next quarter, revenue is expected to reach 66.80 B INR.
APOLLOTYRE net income for the last quarter is 1.85 B INR, while the quarter before that showed 3.37 B INR of net income which accounts for −45.26% change. Track more APOLLO TYRES LTD financial stats to get the full picture.
Yes, APOLLOTYRE dividends are paid annually. The last dividend per share was 5.00 INR. As of today, Dividend Yield (TTM)% is 1.31%. Tracking APOLLO TYRES LTD dividends might help you take more informed decisions.
APOLLO TYRES LTD dividend yield was 1.18% in 2024, and payout ratio reached 28.32%. The year before the numbers were 1.29% and 22.13% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jul 12, 2025, the company has 15.68 K employees. See our rating of the largest employees — is APOLLO TYRES LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. APOLLO TYRES LTD EBITDA is 35.72 B INR, and current EBITDA margin is 13.34%. See more stats in APOLLO TYRES LTD financial statements.
Like other stocks, APOLLOTYRE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade APOLLO TYRES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So APOLLO TYRES LTD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating APOLLO TYRES LTD stock shows the buy signal. See more of APOLLO TYRES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.