Get started

Tamilnadu

Long Setup in TNPLAn 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 basis. Trend Analysis :- UP Trend Chart Pattern :- On-Neck Chart Pattern Technical Indicator :- Positive MACD Crossover
NSE:TNPLLong
by raigvivek
Tamil Nadu Newsprint- Short Term PickTNPL - Tamil Nadu Newsprint Limited - NSE:TNPL Daily Chart Analysis : SHORT TERM PICK Technical Setup : As we can see on chart in recent few days market was consolidating with sideways to bullish bias with some improvement in volumes. With todays move and volumes now it seems that market is ready to blast on upside (just a matter of time) . The first target on upside is around 250 above which 275 & 290 will unfold. Initial Stop Loss to be at 200. Trade Setup : Enter Long Trades on break above 227 with Initial Stop loss at 200 once the market closes above 245 levels move stop loss to Breakeven and keep riding upside. Investors in such stocks need patience , self-analyze your profile before you take the trade. Fundamental Side : There is immense demand in all disposable paper segment market due to single use plastic ban in recent time. (Dont want to elaborate much as this platform is not for fundamental analysis) Do Comment , share and "LIKE" if you find this info valuable to use . Happy Hunting , Chintamani Disclaimer. I am not SEBI registered analyst. My studies are for educational & General purpose only. Please Consult your financial advisor if you have plans of trading or investing. You yourself hold sole responsibility of profits and your losses arising of above shared info
NSE:TNPLLong
by Chintamoney