Stock Radar: APL Apollo Tubes stock forms VCP pattern; consolidates around long-term averages; check target & stop loss
APL Apollo Tubes has broken out of a two-month consolidation after forming a bullish VCP pattern, signalling renewed buying interest. Trading above key EMAs with strong volumes, the stock shows trend strength, though RSI indicates a short-term pause. Analysts expect a move toward Rs 2,100, with dips offering entry opportunities.