Possible breakout in JK Tyre...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
JKTYRE
#JKTYRE BO from Inverted H&S Pattern#JKTYRE has given BO from Inverted H&S Pattern. All details in chart.
JKTYREJKTYRE can be bought above 86 with SL of 81. For last three weekl the stock is under consolidation and there may be breakout in coming week.
JKTYRE INVESTMENT FOR DIWALI 2021 MUHURAT STOCKJKTYRE READY FOR INVESTMENT FOR UPSIDE LEVELS OF 85-99-120 IN NEXT 8-12 MONTHS
VOLUMES ARE REALLY GOOD AND CAN SEE GOOD UPSIDE IN NEAR FUTURE
Jk Tyre creating falling wedgethis fib retracement point is most important point for trend reversal also this is creating falling wedge and this a bullish pattern.
thank you
earnology
JKTYRE day chart studyJKTYRE day chart study
135 and 131.5 are going to be crucial levels to watch out for before taking any position.
below 1288 , balkrishna ......????? i am bearsih on the stock and would like to go short with proper stop loss and entry and exit levels /.
the HEAT in TYRE stocks may COOL down for a while !!Bfore 16/04.I AM bearish on the overall tyre sector upto MONDAY 16/04 ...& certain levels AS it has given a good run already and should take a pause , correct a bit , retest levels , and then can climb high ! OVERALL THE RAW MATERIALS REQUIRED , SHOULD BE KEPT CLOSE EYES ON !!
JKTYRE weekly chart studyJKTYRE 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
Can go short on JK tyres [symbol="NSE:JKTYRE"]NSE:JKTYRE[/symbolJk tyre NSE:JKTYRE looks weak. Any short position can be created around 172-173 with Sl 177. Stock should come down to 163-160 levels
JK Tyre breakoutToday positive breakout seen in JK Tyre & Industries , which broken above 200DMA and 6 month old trend.
Currently closed at 153.5, if stays strong above 154 it can reach 200+ level in short to mid term.
Keep stop loss at 145 on closing basis.
JK Tyre: A Wyckoff Spring in Intra, Long-Term BullishPrice seems to have completed a Wyckoff Spring in the hourly time frame. The stock is in a uptrend in the daily time frame. A breakout past the recent high of 185 would be a positive outcome and strengthen the case for the Wyckoff Spring argument. The occurrence of this Spring at the "Breakout-Retest" zone in the weekly & monthly time frame strengthens the bullish case bias.
This stock is in my watchlist and I might consider buying it tomorrow.
JK tyres daily ascending triangleEverything in chart. This is a follow up on the weekly breakout.
The stock is at a trend line support and has given a positive candle today signaling upward move.
Showing good signs on daily too with a potential ascending triangle. Good Luck.
JK tyres C&H breakout doneAscending triangle breakout soon on a daily chart as well.
Keep SL according to risk appetite and go for given targets.
Falling rubber prices also good for the stock, good results too.
JKTYRE cup and Handle breakoutJKTYRE price action chart given cup and handle breakout at 155 bullish in nature, add near 155 to 162 for target of 230+ stop loss below 140.
