Forming cup and handle in jk tyre Forming cup and handle in jk tyre , fundamental not that strong , pure technical view
JKTYRE trade ideas
swing trade setupjk tyre moved in a channel and break super strong resistance
and 50 dma crossing 100 dma so we can enter in this trade after 1 more green candle in 1d time frame.
JK PTYRE Weekly Analysis - Buy for Target 180-190-200-210-225-25JK PTYRE Weekly Analysis - Buy for Target 180-190-200-210-225-250+
CMP 148
Add some more if get @ 120-110
SL below 90
Holding period 1-2 years
Trend 147 Up Can boost
170 and 190 are short and medium term targets
141-147 is good opportunity to buy
JK Tyre-Cup and Handle PatternJK Tyre forming Cup and Handle Pattern on Monthly chart. Any breakout from here can have a significant rally.
JK Tyre Inverse Head and ShoulderJK Tyre Inverse Head and Shoulder formation in Daily time frame.
Buy 130/132
Targets 151/165++
SL - 121
Long JK tyreA good buy for some quick profits, Our target will be 138.5 on the Upside With a sharp Stop Loss at 126.5
Disclaimer:- I am not a SEBI registered advisor, The above views are for Educational purposes only,Follow for more updates.
Watchlist !!!Given that the auto sector is not much in demand these days. Target may take a while.
Can be bought above 125 for targets of 130/135/141.
Note: Educational purpose.
JKTYRE | Swing opportunity in this channel for 16%JKTYRE | Swing opportunity in this channel for 16% while enroute to 185.
CMP : 123
SL : 118
Target : 143
1:4 risk reward setup
JK Tyres-LongJK Tyres broke the trendline and retested its price and stayed above the trend line. There is an important resistance at 120. Once it breaks, it can be bullish. It looks it will break and move above 120 on Monday.
Jk tyres hit a upper circuitJk tyres in Elliott wave formation. Buy above 116. Taken a 65% in two months
JK TyreThe stock has taken a support and travelling above important moving averages, will give a breakout if market remain positive.
Entry : At current level
Target : Rs.140
S/L : Rs 110
