JK Tyre & Industries Ltd. manufactures tyres, tubes and flaps. JK Tyre & Industries Ltd is one of the leading automotive tyre manufacturers in India. The company mainly develops, manufactures, markets and distributes automotive tyres, tubes, flaps and retreads. It markets tyres for sale to vehicle manufacturers for fitment as original equipment and for sale in...
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...