can jk break 150 level? low volumes does not mean so, what do u say?
The highlighted area serves as a strong resistance if it crosses that then 185+ target can be achieved (obviously not in straight line). Chances are it might reverse also, because one red candle has been developed near the resistance area of the 150-155 band.
Strong stock in strong sector, fallen continuously on weekly and now formed a DOJI at the support levels. Possible Reversal candidate
As can be seen the current price action has been been very steep. One can wait for throwback to add for a positional call. All indicators are in favor for a long position.
JK Tyre: CMP: 148.90 Heading towards 182.