Technical Analysis JK Tyre & Industries Ltd

The stock

is currently trading at 410.60. The chart shows a classic boom-and-correction cycle. After a massive bull run throughout 2025 where the stock climbed steadily from below 300 to a peak above 600 it has recently faced heavy selling pressure and entered a steep downtrend. Long-Term Trend The broader structure was highly bullish last year, but the recent sharp drop has broken several near-term trendlines. Short-Term trend The stock is clearly making lower highs and lower lows. However the most recent daily candle is green +3.15% showing a slight pause in the selling and a minor relief bounce. Support the immediate support to watch is around the 375–400 psychological zone. If the stock breaks and sustains below this the next major historical support sits much lower at the 332.75 mark which is beautifully marked with a horizontal line on your chart. Resistance if the relief bounce continues the stock will face immediate supply near the 450–475 zone. A breakout above 500 is needed to signal any meaningful trend reversal. For New buyers avoid entering now during this steep downtrend; wait for a solid base or clear reversal pattern to form near the 380-400 support zone before committing fresh capital. For Trapped holders use any short-term relief bounce toward the 450-475 resistance area to lighten your position and manage your downside risk. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.