Apollo Tyres technical analysis

According to the latest Pivot data, Apollo Tyres’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹405.3, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹409.4, ₹413.1, and ₹417.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹401.6, ₹397.5, and ₹393.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Apollo Tyres’s price movement.