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 .
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.