JK TYRE & INDUSTRIES LTD
Long
Updated

JK tyres on uptrend

Stock moved up yesterday on strong volumes. It is looking good by MACD, RSI and DMI on a monthly chart. Yesterday it made fresh 52 week high. After making 52 week high chances are that it will move towards 180 rs range.
It is firmly trading above 21 and 50 month average. It is also forming a nice cup and handle pattern.
Please note I am not a registered advisor so please do your due diligence.
NSE:GOODYEAR
Trade closed: target reached
went way beyond the target. Right now retracting time to close the position.

Disclaimer