Beautiful Chart Setup of JKTYRE making it a breakout candidate of a chart pattern. Good Strength in stock across all tym frames Volumes Missing, Keep eyes on Breakout Candle & Breakout Volumes Also Result day tomorrow Happy Trading
📈 Apollo Tyre 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 227, 243 and 259 SL- 187 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult...
📈 MRF Ltd. 📉 My Findings :- 1. Breakout from a Resistance which use to be a Support Earlier. 2. Close above March high. 3. Higher High and Higher Low formation. Bias- Long Target- 76000 SL- 65800 RR- 1: 1.5 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor...
📈 Balkrishna Ind. 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 2397, 2516 and 2692 SL- 39450 RR- 1: 2.5 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer...