JK Tyre seems very bullish on monthly chart gives a breakout on horizontal resistance on monthly chart, What I identified when it broke pervious All time high of 163 it reached to 184 price it was almost 13% gains from previous All time high from Breakout now once again it break it's All time high again and gives a closing breakout on monthly chart so we can expect that it could give 13% move again from the basis of previous All time high to new All time high trend identified and can reach to that target of 227 price levels. Analysis based on simple price action and trendlines I do not want to complicate it much as can be easily understandable by anyone.
ATH (ALL TIME HIGH)
ATH (ALL TIME HIGH)
Komen:
POSTING CHART IMAGE AS LAYOUT NOT SHOWING PROPERLY
