TNPL Price Analysis
Support: Horizontal green dotted lines at 158.21 and 168.50 mark previous price levels where the market showed buying interest.
Resistance: Horizontal red line near 240.00 marks a level where the price faced selling pressure in the past.
Summary of the Trade Setup
Trade Type: Long (buy).
Entry Price: Around 199.48.
Stop Loss: Near 173.60.
Take Profit: Near 299.35.
Risk: Small downside to the stop loss.
Reward: Large potential upside to the take profit level.
The trade aims for a significant price increase while risking a relatively small amount, providing a favorable risk-to-reward opportunity.