Call for Tuesday July 28th 2020 // This is a swing trade call and not an intra-day trade //
NSE: TINPLATE (The Tinplate Company of India - A Tata Company)
CMP / LTP: 142.3
IDEAL BUYING RANGE*: 138
TARGET: 170+ (Min 20% & above)
STOP LOSS: 128 (10 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
- *IDEAL BUYING RANGE: This is the...
Short Term Investment Pick: 40%-100% in 3-6 Months. It is coming out from it's down trend. Looking good above 146 with confirmation on daily levels. We can see 200/300 on cards. Once entered SL could be below 140 depending on your risk appetite. Entry strictly above 146. Technical looks good fundamentals are also decent, revenue increasing YOY and profit is also...
Bearish Deep Crab is forming in Daily Chart of Tinplate. SELL around 171-172
I just started learning Harmonics, so I'm not sure about the Target and SL yet. Want to get comfortable first, in drawing patterns according to the rules and see how it works .
this sector has been benefiting from the weakening of rupee/dollar
possible double bottom formed
chikou showing upside movement
found support at weekly support levels of 150
target 1 : 167 levels flat senkou B
target 2 : 38.2% fib levels