k314

JKTYRE weekly chart study

Short
NSE:JKTYRE   JK TYRE&INDUSTRIES
JKTYRE weekly chart study

1) Triple top bearish divergence on RSI
2) MACD bearish divergence showing depleting strength in the prevailing bullish trend
3) In coming days it could test 155-150 level.
4) below 135 the correction up to 100 could be quick and swift

Comments

Great observation.
Reply