An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:TNPL
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on weekly closing...
This is consolidated index for some of paper theme stocks which are looking bullish and possibility of providing a good momentum on upside in short to medium time frame
Jk paper is trading within the triangular pattern once it broken we can up with short time target of 387 .Volume is growing .
PS.I am not sebi registered Analyst please consult ur advisor before investing
#starpaper
#star
Breakout>retest>took last swing high
Star paper mill
looks good on weekly chart.
Has retested BO and sitting on last swing high levels.
Bit risky trade.
Entry made at 170.4
TGT 215
SL 145 CB
#vr
