Stock Radar: APL Apollo Tubes stock breaks out from downward sloping channel to hit fresh 52-week highs in May; time to buy?

  • Posted on May 12, 2025
  • By Business News Today
  • 2 Views
Stock Radar: APL Apollo Tubes stock breaks out from downward sloping channel to hit fresh 52-week highs in May; time to buy?

APL Apollo Tubes Ltd. broke out of a downward channel in May 2025, reaching a new 52-week high. Experts suggest a buy for short-term traders, targeting Rs 1,887 within 1-2 months. Technical indicators like MACD and RSI support the bullish trend, indicating potential outperformance against the NIFTY with a stop loss at Rs 1555.
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