Orient paper for 72Orient Paper Mill is a paper and paper crafts manufacturer in Amlai, India. It has been associated with paper manufacture in Africa with market cap of 1279 cr.
We recently see a strong breakout on weekly as well as daily time frame.
59.80 level is important on closing basis for range breakout confirmation.
CMP : 59.80
SL : 54
T1 : 68
T2 : 72
T3 : 78
Note : This is not any stock recommendations this only for educational purpose
Paper
Andhra Paper Clear BreakoutAn undervalued company with P/E<5. Not every low P/E are good. But Andhra paper is exceptionally good in terms of fundamentals. Working capital reduced drastically. Improved profitability and operating cashflow with stellar operating profit margin. Expected Target 880.
Can be held long term as well as it's undervalued.
Disclosure: Holding before this stellar breakout
Emami Paper Mills - Long Time Frame Analysis Levels are marked on the chart
Stock has been following 50 ema and 100 ema is acting as amazing support.
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Malu Paper MillsStock has given a Good Breakout above 30.75 with spike in Volume which indicates that in days to come we might see the resistance of previous swing high i.e. of Rs 35-37
with support of 30. Along with Price and Trend Analysis Breakout Momentum indicator is also turn into positive territory.
Kuantum Paper - Result Season TradeNSE:KUANTUM
Moving up in Parallel Channel.
Testing Support, making higher highs and higher bottoms.
International Paper prices rising & a good Q4 result can support the up-move.
Target : 75-81-94
Support : 63
SL : 59
Risk:Reward - 1:4
RSI : Monthly & Weekly above 55
Trading above 50 SMA
Accumalate West Coast Paper Mills on dipsPaper sector is booming due to adversarial move in crude price and long term negative impact of plastic on environment. this was the economical and sentimental change in though of investors, which has caused the price to move in tandem and stronger than nifty. However tenkan kijun and cloud B have become flat and price could be attracted towards it.
Also two weeks back was a perfect reversal candle seen however one and half week move from there on has been mild convincing that it was not a bearish reversal.