JK Tyre & Industries

JKTYRE (227) - Posted on 24th March "Now face resistance 182-185,

But trade and stays above that upside target 222-232

And above 222-232 mega break out going to pan out,

If it happen, will post the mega upside target. "

After this post, it broken and closed above 182-185 on 07th April  and mentioned target attacked on 22nd April itself (that day made high 226.60), from there corrected up to 186.20 (that is the support level only) on 13th May, from there, up move started, once again, and this time, it made high 239 in the last  two days (20th and 21st May) 

and unable to close above the 222-232 level.

**

Now what next ? 

Target and Resistance 222-232 &  250-260

But trade and stays above that,

then 260-250 become support 

 and  strong support  215-205 and above that

ULTIMATE UPSIDE TARGET 370-385