500877 NEWS why is Apollo Tyres price falling or rising

500877 NEWS reasons for why stock price of Apollo Tyres is falling or rising

500877 Apollo Tyres is falling or rising technical reasons

Technical analysis forecast for Apollo Tyres Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Apollo Tyres 500877 at this time. Stock is falling and might fall more.

It appears as if Apollo Tyres 500877 gave a large move recently.

Stock of Apollo Tyres (500877) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Apollo Tyres is bearish for shortterm, and stock might move down till 468.9 or till 459. Use a stoploss of 477.08 and if the stock hits stoploss, then it can shoot up till 485.31

500877 Apollo Tyres is falling or rising NEWS fundamental reasons

Apollo Tyres gets Rs 2.06 crore tax demand from Tamil Nadu officials Apollo Tyres Ltd on Tuesday said it has received tax demand and penalty of Rs 2.06 crore from GST authority in Tamil Nadu over availing of input tax credit and other issues. The Deputy Commissioner (CT), Tamil Nadu has passed an order under GST Act demandi - NEWS as on 2024-04-16 business-standard.com

More announcements and NEWS

500877 Apollo Tyres current price & indicator signals

Moving Averages for Apollo Tyres

  • 5Day Average: 476.27
  • 12Day Average: 473.09
  • 20Day Average: 469.22
  • 50Day Average: 498.89
  • 100Day Average: 483.09
  • 150Day Average: 451.3
  • 200Day Average: 440.82

500877 Indicators & signals

Indicator MACD (12,26,9)

474.59, 479.74, -7.57
Indicator MACD is in negative zone

Indicator ADX (14)

36.31, 14.95, 32
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 500877 Apollo Tyres are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 473.55 460.45 to 477.00 -0.01% 1.01 times
18 Thu Apr 2024 473.60 470.35 to 485.00 -0.93% 1 times
16 Tue Apr 2024 478.05 458.20 to 481.00 0.83% 1.22 times
15 Mon Apr 2024 474.10 450.15 to 480.50 -1.65% 0.91 times
12 Fri Apr 2024 482.05 480.60 to 489.25 -1.34% 0.55 times
10 Wed Apr 2024 488.60 471.40 to 491.00 4.01% 2.01 times
09 Tue Apr 2024 469.75 464.55 to 472.55 0.01% 0.31 times
08 Mon Apr 2024 469.70 467.90 to 473.95 0.28% 0.33 times
05 Fri Apr 2024 468.40 453.00 to 469.90 1.86% 1.16 times
04 Thu Apr 2024 459.85 458.95 to 474.70 -1.89% 1.19 times
03 Wed Apr 2024 468.70 467.00 to 472.30 -0.42% 1.32 times
02 Tue Apr 2024 470.70 464.70 to 474.25 1.14% 0.75 times

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