APOLLO TYRES – Volatility Contraction Breakout in Motion

Apollo Tyres is showing some serious strength on the weekly chart. After months of squeezing inside a clean Volatility Contraction Pattern (VCP), the stock has finally started to break above the neckline zone around ₹500–₹520 — a level that’s acted as a ceiling multiple times in the past.

The structure is textbook — each pullback getting shallower, each base tighter, and now price pushing through resistance with conviction. That gradual reduction in volatility often signals institutional accumulation before a potential expansion move.

Momentum candles are widening, and while volume hasn’t exploded yet, it’s picking up — hinting that buyers are stepping in early. A retest toward the breakout zone wouldn’t be out of place, but as long as it holds above that ₹500 handle, the setup stays healthy.

Overall, it’s one of those quiet, technically strong setups that tend to move sharply once confirmed.

Let’s watch if bulls can keep control in the coming sessions — this chart definitely deserves to stay on the radar.

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