Waiting to add more

#APLAPOLLOTUBES

APL APOLLO TUBES

A strong funda stock.
Going through tech correction phase.
Will be keen to see if it takes support at TL (Around 790-800)

If it is weak at TL support too then will wait for 760 to start adding more.
Till 730.

Results soon:
Expecting good Results like it has done for past many quarters.

Merger with Apollo tricoat on the way.

Capex going on.


Risk:
Increase in RM/Steel prices will hurt margins.


#VR