JKTYRE weekly chart study Short

JK TYRE&INDUSTRIESNSE

Description

⋅ Feb 17, 2018 3:10 AM

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

Bravetotrade

⋅ Feb 17, 2018 1:52 PM

Great observation.