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Stock Radar: Tyre stocks seeing some momentum! Apollo Tyres breaks out from falling trendline resistance
Apollo Tyres recently broke out from a falling trendline, signaling potential for an upward movement. Experts suggest short-term traders consider buying the stock, targeting Rs 515 within 3-4 weeks. Positive momentum, supported by favorable technical indicators and sector trends, makes Apollo Tyres an attractive option with a suggested stop loss at Rs 470.
Apollo Tyres recently broke out from a falling trendline, signaling potential for an upward movement. Experts suggest short-term traders consider buying the stock, targeting Rs 515 within 3-4 weeks. Positive momentum, supported by favorable technical indicators and sector trends, makes Apollo Tyres an attractive option with a suggested stop loss at Rs 470.
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