Two Multi-Year Breakout Analysis from same sector with same pattern and strong momentum. JK tyres Apollo tyres
tgt and sl are indictated. 1st tgt can be 81 for safe traders but thats the least ir can go 90 and 95 are other targets trail your stoploss using Fibonacci or pivots
This is one of my favourite stock. Finally it have gave breakout from a long consolidation phase in a falling wedge price action pattern. This pattern have took 1 yr and gave breakout. Momentum looks very strong as it also has a seen hugh volumes that haven't came for almost a yr now(last time on 14th sep). Let's see how much time it takes to test it's all time...