Apollo Tyres’ recent higher bottom formation on the daily chart, supported near the 518 level, signals a positive bias for further gains. The Relative Strength Index (RSI) has retreated from overbought territory, suggesting continued strength and potential for upward movement. A break above 560 would confirm a breakout and trigger further advances.
Sonata Software sinks 15% as Q3 profit drops sequentially on margin erosion
Sonata Software shares plunged 15.1% after reporting a 1.4% sequential decline in Q3 profit to Rs 105 crore, impacted by margin erosion due to a
February 7, 2025