Purchase ICICI Prudential CMP at 740, set a stop loss at 720, and aim for 800.
On the daily time frame, it is forming an ascending triangle and about to break upward. The On Balance Volume Indicator has been reaching higher highs, suggesting an increase in overall volume and a possible upward trend.
Buy Apollo Tyres at CMP: Rs 499, target: Rs 530, stop loss: Rs 484
On the daily chart, Apollo Tyres has retested its breakout level, and the greater-than-average buying volumes suggest that market sentiment is bullish. The RSI momentum indicator has gone up and provided a positive cross over, indicating a potential up rise.
Buy granules at CMP of Rs. 675, target of Rs. 710, and stop loss of Rs. 660.
The price has since increased when an inverted hammer formed close to its support, indicating that buyers are in charge. Lower lows after four trading sessions have been neutralised, and supports are progressively moving higher.