Technical Analysis of Indian Equities by Nooresh

Goodyear India – Triangle Breakout with Volumes.

GoodYear India


Goodyear India


One of the tyre stocks which has not zoomed up over the past few months like Ceat and JK Tyres.

Volumes have picked up in the last 2-3 weeks and stock has also closed above the trendline

Its a huge triangle formation which gives us an upside to 450 +

One can look to buy a small position here and add on dips to 330-345 could be a good area to add.


Disclosure: Recommended to clients at 335-345.



Nooresh Merani

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