APOLLO TYRES
- APOLLO TYRES will be testing trend line resistance around 227, chart indicates once stock closes and holds above 227 it will be favored by bulls.
- Intraday close watch once stock starts trading above 227, if holds above 227 with volumes then intraday bulls action is expecting.
- Technical Chart also indicates stock moving up from 50% fibonacci retracement support zone, as long as stock holds above bulls will be favored.
- If stock moves up further and closes and holds above 227 its previous top then will next strong resistance around 240 its 161.8% fibonacci retracement as shown in technical chart no3.
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