JK Tyre & Industries
JKTYRE (227) - Posted on 24th March "Now face resistance 182-185,
After this post, it broken and closed above 182-185 on 07th April and mentioned target attacked on 22nd April itself (that day made high 226.60), from there corrected up to 186.20 (that is the support level only) on 13th May, from there, up move started, once again, and this time, it made high 239 in the last two days (20th and 21st May)
and unable to close above the 222-232 level.
Now what next ?
Target and Resistance 222-232 & 250-260
But trade and stays above that,
then 260-250 become support
and strong support 215-205 and above that
ULTIMATE UPSIDE TARGET 370-385