Tyre Industry  MRF  J.K Industries:  Balkrishna industries  Good year  Ceat India

Wait & Watch – Bullish Trend Yet to Confirm MRF: Technically the stock keeps us in a wait & Watch status since reversal is not confirmed. The stock witness a strong support at We could expect a positive turnaround up to 4000 levels initially. If it manages to consolidate and maintain a close above 4000 levels on weekly basis, We could see a further target of 5600–7800.

J.K. Industries: We could see some consolidation happening in the range of levels. A Positive move is expected only if the scrip closes above 145 on weekly Basis with target ). On Consolidation

Balkrishna Industries: The scrip slips from the Higher levels of 1055 and manages to take a support at 440 levels on weekly basis. We recommend a Buy only on dips. Good Year: The scrip has turned bullish at current levels. We expect a positive target of on long term basis. Ceat: Buy at current levels with a Medium Term Target of 208 Level of 332 is possible on Long Term Basis. Bullish Trend

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