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JK Tyres

Discussion in 'Technical Analysis' started by m_padmakumar, Aug 19, 2012.

  1. m_padmakumar

    m_padmakumar Member

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    Can we buy JK Tyres now @109 with stop loss @93 as it has formed W pattern? Can we consider the candlestick on 10/8/12 as a perfect pin?

    Thanks
     
  2. sujan4bw

    sujan4bw Member

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    Breakout with good volume.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    from jan it is making high top high bottom and break out @ 105 with good volume.
    It is a good buy with stop loss of 90