Stock Radar: This tyre stock breaks out from falling trendline resistance; what should investors do

Apollo Tyres recently broke out from a downward sloping trendline, signaling potential for an upward movement. Experts suggest short-term traders consider buying the stock around Rs 480, targeting Rs 530 in the coming weeks. The positive technical structure, supported by high volumes and RSI momentum, makes it an attractive pick within the auto ancillary space.