JK tyre broke an important resistance zone
2 weeks back with good volumes. Now it has retraced a bit and is inching towards its breakout levels. Retest zones are always the best area to enter as there is minimum risk at this entry point. Its taken a shape of cup and handle
I would suggest to enter half qty now around 165, and rest if we get a chance to enter at 159 levels.
SL 150, Tgt
210, 235, 255