TINPLATE is near a long weekly base BO. In my experience, Long weekly base BOs are highly successful BOs and one should keep an eye out for that.
Fundamentally firm has had a good last quarter, but previous quarters before that were not good. So this might be a turnaround play fundamentally.
Came in 1 Month Momentum Screener. Keep in list to see if BO happens...
Tinplate Prediction for Swing/ Posional Trading
You can enter into trade above 394 or you can entry according to your experience. Safe entry above 415 close basis. It can again retest 385 level.
Sls- according to you RRR.
Targets- 406,415,431,450,470,488,508,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain...
#tinplate #swingtrade #momentumtrade #chartpattern #patternbreakout #breakoutsoon
Swing Trade / Momentum Trade
>> Flag Pattern (Breakout soon)
>> Good Bullish Setup
>> Good Strength & Decent Volumes
>>Low Risk High Reward Trade
Swing Traders can lock profits at 10% and keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep...
NSE:TINPLATE viewpoint
the stock should give good upside move above 370.
cmp is 349
i am targeting 50% plus upside in short to medium term.
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
📊 Pattern: Rising Wedge
📌 Symbol/Asset: Nesco
🔍 Description: At support, if bounce back it can touch 350+ price.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
All 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.
All 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.
Tinplate 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.
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
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 not an investment advice. Please do your own research and consult...
![TINPLATE: TINPLATE near BO [Weekly]](https://s3.tradingview.com/l/lPILXAGA_mid.png "TINPLATE near BO [Weekly]")
