I see that jk tyre is forming rounding bottom, Accumulation area would from 165- 185. In future jk tyre will reach new high in upcoming days. my targets will be 205, 242, 272 and 292. Stop loss would be around 145 -150 it will take time period of 30- 90 days. Do you own analysis before taking trades.
Nifty has made good move further i have checked and see that nifty consolidation on last two days, Coming to the point since its longs upside move there may be some retrace, If nifty continous it's upside move Resistance 1 seen @ 17700-17800 ,Resistance 2 @18000, R3 @ 18350 and R4 @ 18600 if nifty break beyond that nifty will reach new highs. If nifty breaks...
If price movement towards upside and breaks 1800 will reach upside levels 1845.. 1900, If breaks downside 1700 will reach newer lows in upcoming days...Note: close n cross of the candlesticks is more important in minimum 4 hours..
If bata india break Upside or downside I have mention target on chart you may find useful, Before take postions do you own analysis I am just sharing my knowledge
I have analysed as per my knowledge, This stock have good volume and price breakout Target one and two mentioned in chart do you own analysis before take positions , Happy trading and investing folks
