JK Tyre & Industries Ltd - Bullish mode
#JKTYRE
CMP :₹.278
Largest exported tyre brand from India. Promoter holding above 50%. Receivable days are improving. Sales and Profit have also improved from last year. ROE & ROCE also improved from last year.Stock is near 52 week high with supporting volume shockers. Technically also script looking good. Tending to break 2 years resistance trend band. Moving through a triangular pattern for the last 8 months. Also trying to escape from the triangular setup. FII's has also increased their stake compared to previous years.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP :₹.278
Largest exported tyre brand from India. Promoter holding above 50%. Receivable days are improving. Sales and Profit have also improved from last year. ROE & ROCE also improved from last year.Stock is near 52 week high with supporting volume shockers. Technically also script looking good. Tending to break 2 years resistance trend band. Moving through a triangular pattern for the last 8 months. Also trying to escape from the triangular setup. FII's has also increased their stake compared to previous years.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.