APLAPOLLO - retest phase?

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APL Apollo – Chart Analysis

The structure is quite clear:

Price consolidated within a tight range for nearly 2 years.

This was followed by a strong breakout accompanied by a notable volume spike.

Currently, the stock appears to be in the retest phase of the breakout zone.

Fundamental Trigger:
📢 APL Apollo Q4 Results: Net profit up 72% YoY; Board approves ₹1,500 Cr capex plan.

What’s next?
Will the retest hold and lead to the next leg up?

Let me know your thoughts 👇


Disclaimer: This analysis is for educational and informational purposes only. It is not investment advice or a recommendation to buy or sell any security. Please do your own research or consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.

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