Turning Bullish: JK Tyre
If JK tyres takes the support around 20 EMA, we can expect a good move above 448.
RSI and Volume are showing a slight Bullish Signal.
short to medium term target can be 525 levels.
However, Long term target (one year) of 700 is intact.
RSI and Volume are showing a slight Bullish Signal.
short to medium term target can be 525 levels.
However, Long term target (one year) of 700 is intact.
Note
JK tyre failed to break the resistance level of 448.
JK Tyre is trading in a tight range between 391 and 448.
Currently, it is trading near the support of 391.
If this level is respected, we can expect a decent upside movement toward 448 and 482 levels.
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