Alhad

A Nice "Package"

Long
NSE:TCPLPACK   TCPL PACKAGING LTD
TCPL Packaging, a Southern India based company, reasonable fundamentals, technicsls too supporting.
Breaking out of consolidation, with green volume bars more in height than red volume bars.
Good Risk Reward Ratio too.
Disc- NO HOLDING. ONLY FOR STUDY PURPOSES.
Comment: Trade become really active in January and after breakout, the stock almost near the target.
Those who purchased in June/July, an agonising wait was there till January end, Feb 1st week...
Once the target is reached some profit booking advised, but the stock being at ATH, a fresh target of 1050-1100 is seen as the stock will be making Rounding Bottom Pattern.
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