Buy above 175 on closing basis Sell at 190 200 Consolidation at lower volumes can be a sign for breakout. Book profits accordingly.
Levels are marked on the chart. NSE:JKTYRE Education purpose only.
CoVid situation has me a little bearish on the Indian markets. but JK tyre looks pretty nice here. The candlestick pattern on the Weekly is bullish, there's a nice bounce from the moving average on the same timeframe which was also around 61.8 % of the whole move to the upside. The Golden Zone. My targets are in 125-130 range. if this is an impulse , it could go...
Hey guys! JK Tyre has a great setup here. It has been following a strong trend line since mid-march 2020. This trend line helped JK tyre breakout of the Ascending triangle pattern reaching 60+. Currently JK Tyre seems to be forming a bullish pennant signalling a bullish continuation upwards. Adding to that, The 50, 200 MA seems to be forming a Golden...