Jk tyres and Apollo tyres are also forming patterns, chances are not only they make new 52 week highs but also attempts new high.
Rubber prices of late has been softening.
MRF came out with bad numbers so some shifting can be expected. MRF losing market share will benefit other companies. Agri is one segment which will face least headwinds. Also As per Goodyear management they are getting good hold of the replacement market. NSE:GOODYEAR
Please note that I am not a registered advisor so make your due diligence before taking any decision.