Technically: 1) Entered into Stage II - Uptrend after Weekly resistance breakout with huge Volume. 2) Good Price Volume Action can be seen. Fundamentally: 1) Posting remarkable Quarterly results. 2) Almost Debt free. 3) Increasing EPS. 4) A subsidiary of Tata Steel Ltd. A Potential Multibagger!!
Good fundamental stock making new highs and gaining strength against SMLCAP index.
Weekly Tinplate Co India #tinplate Investment-With-Patience-BlackCandle-BlueCandle #CatchFallingKnife Note: My personal view is not to follow.
Tinplate noticed head and shoulder pattern with price below 50day EMA, weak signs all over, its better to avoid the stock for short term trading.
Tinplate cmp 249 can move towards 282 view negated below 230
Daily Time Frame; Is Bullish-> Possibly would reach its all time high.
The stock is looking good to buy in the 230-220 zone for 8-15% profit. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
According to chart anylasis its 52 week high. If closed above 250 then we can buy. Buy @250 or above. Target: 260, 310++
Tin Plate Moving in a Channel from 24 March 2020. In addition there is a cup forming in the short term. So the outlook is quite bullish. Can consider going long. Holding from 165 levels for a long term target of 316. For the medium term can look for 285 as target. Short Term 235 Target.
They are in monopoly business. It seems they are the only ones who are manufacturing the tin coated products in the country.
TINPLATE - ReTesting 21MA with low volume; Price may consolidate near term.
Tinplate 214.60 #Ghc3BarDecider
giving a break out above 213 after years and in this mental metal bull run its tgts are 1. 248 2.260 3.300 4. above 330 sky is the limit STOP LOSS 185
Daily Time frame Chart Breakout with high Volume And Formation of Bullish Zig Ziz Pattern Can go Near for All time high I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis