Tinplate surviving at strong supportWatch out for strong support reversal trade.
Chart pattern and levels are mentioned in chart.
Follow strict risk management.
0%
0%
0%
0%
0%
About TINPLATE CO INDIA
Sector
Non-Energy Minerals
Industry
Steel
CEO
Ramdas Narayan Murthy
Website
tatatinplate.com
Headquarters
Kolkata
Founded
1920
ISIN
INE422C01014
The Tinplate Co. of India Ltd. engages in the manufacture and supply of tin coated and tin free steel sheets in India. Its tin mill products include various grades of electrolytic tin plates, tin free steel sheets, and full hard cold rolled sheets used for metal packaging. The company was founded in 1920 and is headquartered in Kolkata, India.
Tinplate - cash IdeaAll levels are mentioned on the charts.
The stock has already bounced back from three different trendline supports.
only for learning and sharing purposes, not a bit of trading advice.
Follow your risk management in each and every trade.
All the best.
LONG TinplateAll indicators given a positive!
RSI breakout done. WAiting for rise of volume.
Overall trend is bearish but this will hit target 1 atleast.
Levels are marked.
Watch for a good pattern breakoutTinplate has made a good pattern in recent days. Held strongly by a support. Watch out for breakout.
Chart pattern and levels mentioned in chart.
Follow strict risk management.
TINPLATE COMPANY ...Demand zone ...a demand zone is visible according to the price action ,so a chance to buy should be taken at this point
buy at current price
stoploss below 284
target 343
tinplateafter long rally given some dip to buy and accumulate and posted good results too look for a target of 450, 480
Small cap Gem "Tinplate Company" - For growth momentum benefits Why ?
- Attractive FA
- Momentum in Uptrend
- Still close to intrinsic value - Rs.305 / PE - 11.6
- ROCE 47.0% / ROE 35.0%
- Good profit growth of 66.04% CAGR over last 5 years
- Increasing FII in last 4 quarters
Given is the expected continuation of chart pattern +-5%
Disclaimer: This is
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
