TCPL Packaging has been increasing EPS consistently for 7 quarters now, and the share price has shown a steady Higher High/Higher Low pattern.
With Increasing revenue, there has been margin expansion as well - Killer combination.
Price has taken support at 50 day EMA before as well, and Relative strength seems good.
It will be interesting to see if the share...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on TCPL Packaging. Can check link to related ideas.
Target 1 achieved. Gain of more than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
The stock is bullish bios. Price movement has taken resistance at the upper trend line. Closing above 492 will confirm Flag Pattern breakout on the daily chart. ADX is indicating strength in up movement. On confirmation of breakout, we can expect price movement up to 555 to 600 in the near term.
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2. Always remember SL is your lifeline, not the big target...
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long term looks promising with increased in package foods ....TCPL key vendor for ITC and other FMCG companies.
kanoria family is having good and clean history of business..
Vijay kedia invested in this.