Swing trade opportunity in TCPLPACK
Entry - 1333
Targets - 1478, 1595, & 1760
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
Stock has just break an important resistance level i.e. 1790 with good volumes. And now it is acting as a support. It gives a good swing setup.
This analysis is just for educational purpose. Kindly do your own research before investing in any security.
In this post, we will conduct an analysis of TCPLPACK's chart, focusing on the approaching trendline support, RSI support, and the potential for a short-term bounce. By examining these technical aspects, we aim to provide insights into the stock's current situation and the potential for upward movement. Let's delve into the analysis and explore the situation.
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TCPL packaging. 1st look at the financial..10yrs CAGR : sales growth 14%, profit growth 23% stock price 39%..Eps grown from 9 to 132...such companies you need to select for your long term portfolio..on chart now there is a consolidation breakout. You can look this stock as a portfolio stock add on every dip and on consolidation breakout untill it able to maintain...
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...
Small trade opportunity in TCPLPACK. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately.
Target 1: 1050
Target 2: 1200
Stoploss: 800
Happy Trading!
Looks set to reach 1125 as price has broken out from a symmetrical triangle...stop loss if price falls inside the range of the triangle...maximum time to reach target is 8 August 2022
This scrip having good potential for short term return and multiyear breakout already happened. So add to watchlist and try to catch the momentum. Thanks to all 🙏🙏🙏
This idea is a follow-up to Tclpack
You can check the Link to Related Ideas.
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
#TCLPACK - BO STOCKS
CMP : 912.05
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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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....
