Long Setup in TNPLAn On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:TNPL
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to
1.91%
65.90INR
3.879BINR
51.816BINR
38.762M
About TAMIL NADU NEWSPRI
Sector
Industry
CEO
Thiru Mungamuru Saikumar
Website
Headquarters
Chennai
Employees (FY)
2.427K
Founded
1979
ISIN
INE107A01015
Tamil Nadu Newsprint & Papers Ltd. engages in the manufacture of printing and writing paper. It operates through the following segments: Paper and Paper Board, Energy, and Cement. The Paper and Paper Board segment offers paper and paper board products. The Energy segment generates power through wind mills. The Cement segment manufactures and retails cement products. Its products include print vista, maplitho, pigment paper, radiant printing, creamwove, copy crown hardbound notebook, copier, and ace marvel. The company was founded on April 16, 1979 and is headquartered in Chennai, India.
TNPL --- setup appears to be strong and worth exploringNSE:TNPL
The setup appears to be strong and worth exploring; one can research this setup for potential gains from this stock.
cmp is 264.80
given trendline breakout on weekly chart
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of
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