JKTYRE-BROKEN THE TRIANGULAR PATTERN & UPTRENDING

Mar 15, 2017

Tyre Sector has been in focus from past 2 days due to falling Crude & Rubber prices & with 9000 broken in upside the laggards will start to catchup.
Now, it shall further move up from here with support of the channel.

Target: 136(Very Short term)

Stoploss: 122 (Closing Basis)

RR: 1:1.3

Target: 149 (Short term)

Stoploss : 117

RR: 1:2

Mar 15, 2017

Trade active

Mar 17, 2017

Note

Good Time to enter in dips now cmp 126, Risk Reward is now much more favourable!

Mar 20, 2017

Note

CMP 134.25 very short term target can be achieve today , so book out as per your position

Mar 23, 2017

Trade closed: target reached

Very Short term target reached of 136 made high of 135.9 just 10 paisa.
I also booked my 60% profits @135.8 and will be waiting for 149 as next target. Fundamentals are very very strong for Tyre stocks! Regards.

Mar 24, 2017

Trade closed: target reached

136 finally reached!

Apr 7, 2017

Note

short term trade is still open today made a high of 139.9 just 9 Rs away from our target, hope it will achieve in next swing.

Apr 11, 2017

Note

Made Intraday high of 145.50 just 3.5 away from our target of 149.

Apr 18, 2017

Trade closed: target reached

FINAL TARGET REACHED

Apr 18, 2017

Note

If someone wants to still hold the position the Rev Sl will be 136 on daily basis.

Apr 24, 2017

Note

Rev SL was held on 18th April as it closed near 138&now at fresh high of 160. As MRF,Apoolo,Ceat are already moving higher than their 52 wk high , so lets hope JKtyre will soon conquer the level of 170-180 SL will be same 136.

May 3, 2017

Trade closed: target reached

180 achieved, i have completely exited my position and would recommend others also and will enter again near 160 with 136 as SL.

May 17, 2017

Note

Dip given towards 160 now at 180!