Vibhat

SHORT TERM SWING TRADE

Long
NSE:JKTYRE   JK TYRE&INDUSTRIES
Ascending Channel Pattern,

A Strong Support level can be observed as it has been Trending above the SMA 180 (tells the overall direction of the stock).
The Ticker has bounced off the Support and now has consolidated at 145.
In a short period of time,
T1. is 6% and T2. is 12%.

MACD is giving a Buy Signal.

Empower yourself by Understanding the Technicals behind the trade and then entering the position.
Never invest in something that you do not understand.
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