JK tyre seems a nice bet!

6. Apr. 2021CoVid situation has me a little bearish on the Indian markets. but JK tyre looks pretty nice here. The candlestick pattern on the Weekly is bullish, there's a nice bounce from the moving average on the same timeframe which was also around 61.8 % of the whole move to the upside. The Golden Zone. My targets are in 125-130 range. if this is an impulse , it could go towards 160-170 range but I am not thinking about that atm.

NOT a financial advice.

10. Apr. 2021

Trade geschlossen: Ziel wurde erreicht