WSTCSTPAPRclosed above 100 DMA 643.81 with increased volume. increasing reserve and decreasing debt showing management's good intention. Longby PratapPaul1
WSTCSTPAPR LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (i), (ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time. It is anticipated that wave (v) will have about five subdivisions shown in red colour. Wave levels shown on chart. Level of Invalidation The Wave (ii) has been identified as the invalidation level at 590.25. Because as per wave rules Wave (iv) cannot go beyond the starting point of Wave (ii) in diagonal pattern. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems. I am not a registered Sebi analyst. My research is being done only for academic interests. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards VJLongby vjdj2004Updated 9
West coast paper showing bull flag break outWest coast paper has shown increase in volume and has been silent for a while. Chart shows a proper bull flag in one week timeframe. Setting a target of 1000. Target is easily achievable this year. May take 4 months to reach there Longby vasudevshenoy0
WEST COAST PAPER The stock is currently in a strong up-trend since its low of 100. The Monthly RSI is still above its bull phase support of 56. Price is currently testing its previous high support around 600. Past up-moves suggest that trend continues till 361.8% FR level. Hence, the trend is expected to continue to test 1240. Bullish view remains intact as long as price is above 600. Longby CourtroomInvestments0
Following Price Action Excellently- Keep In Radar-Formed triangle pattern -taking strong support from 50 ema & trendline -rise in rsi and adx indicator -looking good above 750 keep in radarLongby MarketikUpdated 3
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking for long term.Longby Breakout-Ideas4
Westcoast Paper: Offering low risk set upWestcoast paper is looking good on longer time frame. Stock has given breakout 4-5 month before and sustaining above that. Paper sector is doing well and upcoming election is also one of the trigger for growth in paper industry. Keep on radar.by khulvenaveen0
West Coast Papers - Trying to move North!!!West Coast papers is trying to move North - we can see a inaccurate / rough head and shoulder pattern and a weekly breakout. Let's see how it moves, in case of a positive green candle above the breakout, we can expect the move till 810-815. Other parameters looks positive as well. Fundamentally, TTM sales are highest ever, PBT is highest and EPS of 151. Debt is reduced from 478 to 231, which would lead to higher profit. Clean Chart, Easy Chart!!! "Learning & Earning" Cheers!!!!Longby Jass_12345Updated 6
West Coast Paper: Unfurling Opportunities West Coast Paper, a prominent player in the paper industry, is currently exhibiting compelling characteristics that have caught the attention of swing traders. A confluence of positive factors, including strong chart strength and growth in fundamentals, positions West Coast Paper as a potential candidate for a swing trade. The charts for West Coast Paper are displaying noteworthy strength, with technical indicators suggesting favorable conditions for a swing trade. Investors are taking note of the stock's resilience and potential for short to medium-term gains. Beyond the chart dynamics, the company's fundamentals are adding to the attractiveness of West Coast Paper as a swing trade opportunity. The growth in fundamentals, which may include aspects such as revenue, earnings, or market share, provides a solid foundation for sustained stock performance. Swing traders seeking opportunities in the paper industry may find West Coast Paper appealing as it combines favorable chart patterns with robust underlying fundamentals. It's imperative for traders to conduct due diligence, considering technical and fundamental aspects, before making any swing trade decisions. As with any trading strategy, risk management is crucial. Monitoring market conditions, staying informed about industry trends, and adjusting positions accordingly are integral parts of successful swing trading. Seeking advice from financial professionals or advisors can offer valuable insights tailored to individual risk tolerance and financial goals when considering swing trades in stocks like West Coast Paper. Longby Shivam_Bhanot4
WSTCSTPAPR: BO of a Small Base, Poised for Further Upside!WSTCSTPAPR appears to be on the verge of a significant move as it breaks out of a small base. The price action suggests that the stock has built a solid foundation and is now ready to make a move to the upside. This breakout could be a strong signal for potential further gains. Key Points: Base Breakout: The stock has convincingly broken out of a small base, indicating a potential shift in momentum. Uptrending Chart: The overall chart for WSTCSTPAPR is displaying a nice uptrend, reflecting positive investor sentiment and sustained buying interest. 50 SMA Support: The stock is currently finding support around the 50-day Simple Moving Average (SMA). This is a positive sign, as it suggests a healthy trend, and the 50 SMA could act as a support level for potential pullbacks. Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always do your own research before making any investment decisions. Trading involves risks, and past performance is not indicative of future results.Longby TTS0071
WSTCSTPAPR – Triangle pattern breakout – 30% upside potentialWSTCSTPAPR has given triangle pattern breakout at the trendline resistance levels of 532 zone with good volumes. Target: 720+ SL: Daily candle close below 515 Longby skandha1986Updated 15
WSTCSTPAPR - has it broken the deadlock???Closing above can give good upmove. Define your own Target and SL, if you wish to trade in it.Longby Abdul-RahimUpdated 9
WSTCSTPAPRWSTCSTPAPR:- Stock has given breakout after 1 month of consolidation keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.Longby AjayDhakad_Keep_it_simpleUpdated 12
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Broadning Pattern 📌 Symbol/Asset: WSTCTPAPR 🔍 Description: Stock has given breakout of Broadning Pattern and now stock has retest the breakout zone. We may see more upside soon!! 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.Longby FiveCircles14
WES COAST PAPER BUY CALLbuy @ 600 tgt-650/700\900 buy @ 600 tgt-650/700\900 buy @ 600 tgt-650/700\900Longby sharemarketgainUpdated 117
WSTCSTPAPR - West Coast Paper MillsWest Coast Paper Mills Ltd is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. The company has established itself as a leading manufacturer of high-quality paper suitable for printing, writing, and packaging purposes. Its paper products, known for their global quality standards, find application across a wide spectrum of industries including printing, writing, publishing, stationery, notebooks, and packaging. In the fiscal year 2020, the company made a significant move by acquiring a substantial stake in Andhra Papers(72%). Furthermore, the company operates a state-of-the-art manufacturing facility in Mysore, dedicated to the production of optical fiber cables. 🔹 Technicals: ▸ Price has been moving in 40% range for the last 1 year ▸ Price is above all key MAs, which is a positive sign ▸ Weekly breakout followed by a pause ▸ The price is near the previous ATH and 20 EMA. This creates a confluence zone. ▸ Good chance that it goes into consolidation in the current range before heading higher. ▸ A demand zone is present at 580-615. This is also coinciding with 50 EMA. ▸ 200 EMA is also coinciding with the demand zone, thereby creating a confluence zone. 🔸 Financials: March 2023 ▸ Sales: 4921 Cr ▸ Sales Growth: 45% ▸ Net Profit: 1087 Cr ▸ Net Profit Growth: 214% ▸ Debt/Reserves ratio: 9% ▸ OPM: 12% March 2022 ▸ Sales: 3378 Cr ▸ Sales Growth: 50% ▸ Net Profit: 346 Cr ▸ Net Profit Growth: 8650% ▸ Debt/Reserves ratio: 28% ▸ OPM: 19% March 2021 ▸ Sales: 2245 Cr ▸ Sales Growth: -10% ▸ Net Profit: -4 Cr ▸ Net Profit Growth: -101% ▸ Debt/Reserves ratio: 49% ▸ OPM: 33% Rising sales with promising profit growth, OPM% and reducing debt makes the stock a good candidate from a positional perspective. Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes. Editors' picksby aditichawla77659
Primary Wave 3 in last legPrimary degree:yellow Intermediate degree:White Minor degree:Red We are currently in Primary wave 3,Intermediate wave 5.Primary wave 3 has seen extention and has crossed 261.8% extention level and going ahead we can expect this extention to 361.8% which is coming at 818 level. Stock has given a fresh breakout last week and this week we are seeing retracement in the form minor degree wave 2.In coming days once we get minor wave 2 completion confirmation we can see up move resuming which can take price to 800 odd levels.Exit for this long trade would be the swing low of minor degree wave 2 of intermediate wave 5 of primary wave 3. Disclaimer:Analysis posted here is for my future reference no position shud be taken solely on its basis.Longby UNDERDOG-292
WEST COAST PAPER (WSTCSTPAPR) : Breakout 1 year Channel ATHWEST COAST PAPER (WSTCSTPAPR) is breaking out of a 1 year large channel or large cup. Breakout retested support line and bounced back. High volume. High RSI. Hits All time high as wellLongby pchere1
Long bet in West Coast Paper Mills.Financial highlights. Over the past five years, the company has achieved an impressive compound annual growth rate (CAGR) of 33.9% in terms of its profit. Company has a good return on capital employed (ROCE) of 61.5 %. Stock has negligible debt to equity of 0.09. /list Technicals. Currently price is at somewhere between support and resistance level of the trend line, some position can be made either it gives a breakout, or it comes back to support. My commentary West Coast Paper Mills Ltd is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Paper consumption expenditure is expected to double from $1.5 trillion in 2020 to $3 trillion by 2030.(Source: The Hindu). We can long on this, if it falls as it is more likely to happen, more quantity can be added. This is only for an educational purpose, Don't take it as a trade calls. I am not a Sebi registered Longby BullishLineUpdated 1112
WSTCSTPAPR - Ichimoku BreakoutStock Name - West Coast Paper Mills Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 740 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja1
West Coast Paper: Attempting breakout on weekly time frameWest Coast Paper is looking good on weekly time frame. Stock is attempting to breakout the 1 year consolidation zone. Keep on radar.by khulvenaveen1
West coast paper Value buy, go LongFundamentally strong stock which has delivered strong eps growth, Currently undervalued as compared to intrinsic value which is around 2750, P/E 4.2, Strong momentum is there as well, good volume, first Target achieved, See other targets as well in the chart.Longby karankapooria100
WEST COAST PAPER - SWING TRADELong Term opportunity in West Coast Paper for 20% gain. Buy - CMP Target - 578 (20%) It has been moved multiple times within marked 20% range and also been taking support from the marked level. Its a good probability trade Similar pattern in Andhra Paper Mills Longby arvndrwatUpdated 116