Showing posts from November 28, 2014

JK Tyre & Industries

JKTYRE (636) - 
1)On 23rd Sept. said (when it was trading at 504) down side target and support 435-420 
Exactly it supported and made Low 434.30 on 26th Sept. 
2) On 29th Sept said Upside target 520-535
Exactly it attacked the target 14th Oct (made high 521.70)
3) On 14th Oct. said  "above 520-535 next upside target 630-650
Exactly it attacked the target yesterday (made high 640.70) (it broken and closed above 520-535 on 24th Nov and yesterday target attacked)

So from 435 to 640 that is almost 50% return that to with in two months.  I think, the return is not bad.

Below is the chart to know its performance
(click the chart to get the zoom view)