“JK Tyre – margin revival on the fast lane, infra‑driven demand and OTR launches keeping the growth wheel rolling.”

Technical analysis (JK Tyre – daily)

JK Tyre is trading around ₹460–470, above its 20/50/100/200‑day SMAs, confirming an established uptrend with short- and medium-term moving averages sloping upward. RSI near 55–56 and MFI around 65 indicate healthy buying momentum without overbought stress, while CCI remains mildly positive; recent price action shows a strong bullish candle breaking above immediate resistance and closing near day high, supported by good volumes. Classical pivots place support around ₹440–450 and resistance around ₹465–472; sustaining above the pivot (~₹456–457) keeps the bias buy‑on‑dips, with any retest of ₹445–450 zone offering better risk–reward for positional traders. Weekly stochastic crossover signals historically tend to deliver average gains over the next few weeks, which supports the view that today’s momentum may have follow‑through if broader market remains supportive. Why today’s sharp up‑move? Today’s strong buying move in JK Tyre aligns with the prevailing bullish trend classification on many research platforms, supported by recent Q2 FY26 numbers that showed record sales, sharp margin improvement and strong profit growth, which continue to get priced in by the market. Technically, price moving above recent resistances with RSI in uptrend and stock holding above all key moving averages often triggers breakout buying by momentum and swing traders, especially when supported by positive institutional sentiment and follow‑through after strong quarterly result commentary. In addition, very recent news around launch of four new OTR tyres at EXCON 2025 has improved perception about JK Tyre’s positioning in higher‑margin, specialised segments linked to infrastructure and mining, adding a thematic tailwind to the move.