In last six months Tyre stocks has not participated in market rally. Even some stocks has reported negative returns also. But now some movement has been witnessed in all rubber stocks. MRF has shown a breakout and a move of almost 25% in coming months can't be ruled out. Stock has support near 69800 while stop should be below 65000 where stock has taken support on long term trendline. Have a look at chart: (Not a buy call)
