Published on 20/03/2017 12:07:43 PM | Source: Religare Securities Ltd

Buy JK Tyre & Industries Ltd For Target Rs.144.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Tyres and Tubes Sector #JK Tyres and Industries Ltd #Trading Report #Religare Securities Ltd


JK Tyre & Industries Ltd

JKTYRE, after a recent breakout from its mid and short-term moving averages (100/50 EMA) on daily chart, has witnessed a marginal pause, offering fresh opportunity to re-enter. Hence, we suggest traders can accumulate as per the mentioned levels.

 

Recommendation

Buy JK Tyre & Industries Ltd @ 128-130 Stoploss 123 Target 144 CMP 129.45

 

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