‹ All Posts
Unite Technologies Financial

16th Sep · SEBI-Registered Analyst

JK Tyre & Industries: Bullish Momentum Delivers 2.63% Gain — Time to Review Targets

JKTYRE
has delivered a solid upward move, posting a 2.63% gain on the latest breakout candle. Price surged past recent swing highs with elevated volume, validating bullish sentiment and a fresh upward trend. The stock formed higher lows consistently, indicating strong buyer support and trend reversal. Bullish momentum is confirmed by sustained closes above key moving averages, with price action DNA signaling continued strength. Immediate resistance can be seen near ₹380, if the momentum extends, next short-term target is ₹400, as marked by previous highs and technical structure. Actionable Note: Traders can consider partial profit booking near ₹380. Fresh entries can be evaluated on retracements with tight stop-loss below recent support at ₹365.

#WatchOutFor#Today’sTradingSetup#TechnicalViews#TimeToExit
JK tyres Trade.png
491 likes·61 comments