FY21-22 Idea #145: JK Tyre (NSE: JKTYRE ) on daily chart for 2nd Aug 2021

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FY21-22 Swing Trade Idea #145: Long on JKTYRE with buy only above 151 with stop-loss at 136 for target of 167.. Idea is for 2nd Aug 2021 onwards and I will update it if it is triggered or in case it is no longer valid.

Click here for idea progress : Trading view link

4 comments

  1. If a stock opens Gap up, you need to look at your trade again and see if it has at least RR of 1 and then decide. I will usually ignore any big gap up. Also, if it comes down , i will not buy because my stock should go up and not come down after there is buying. So, to answer your question – yes you can still entry is RR is good but if there is selling pressure, don’t enter even at your buy price- just ignore it.. you will see may examples here where i just cancelled my buy because stock opened gap up.

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