Long JK tyre stock. All important levels are marked on the charts. Safe traders can buy half the quantity after the BO of marked TL & balance quantity to buy after the BO of the resistance area. Good risk to reward trade. On all higher time frames, RSI is above 60 a sign of strength. This is for your educational purpose only.
Traders and Investor can go long as per the technical analysis of JKTYRE.
It could be the possibility that it will re test.
So safe one should always trade/invest with proper target and stoploss.
*We are not SEBI registered
This is only for educational purpose.
Please consult your advisor before making any trade or investment
See the graph, but formed last red candle so only enter in trade after 150.50 or 151 crossing , or else oppose of it, it may go to deep oversell zone , good to buy for short-medium term , just an idea i have...follow me for more genuine ideas on standard stocks only...
Long term reverse H&D in JK tyres. Good volume breakout of the neckline (23.10.2020). Significant breakout from the long term down trendline also. Setting up a new trendline. Look for buying opportunities on the retracements.