TPLPLASTEHSwing trade setup : -
Stock broken the long term high (Jan 2018) of 78.50 dated April 2024.
Attend New high of 107 and again swing back to 78.50
Currently trading at 84.10
SL : 78
1st Target : 100
2nd Target : 107
TPLPLASTEH trade ideas
Low priceNo recommendation for buy and sell
All chart discussion on chart
Strictly have stop-loss as per your risk
Market volatility
Bearish market conditions
Don't no what will happen
Daily BTST CallStruggling to find time for trade management?
- Take Daily trades at 3: 00 pm every day
- Try to exit by taking 4-5% profit from each trade
- Trade can be held for 1 week
RESISTANCE Breakout in ANUP
TPL Plasteh Bullish setupTPL Plastech Currently at :
50 EMA support
Fibo 0.618 Support (Golden ratio)
Bullish Flag Continuation pattern
Volume Contraction after big move
and
RSI Support level.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in TPLPLASTEH
BUY TODAY SELL TOMORROW for 5%
Buy call for TPLPLASTEHSymbol TPLPLASTEH
Company TPL PLASTECH LTD
Type Long term and Swing trade
Price 68.35
Date of entry 2-2-2024
Risk Market slowdown
TPL Plastech: Inside bar breakout on weekly time frameTPL Plastech is looking good on weekly time frame. Stock has given inside bar breakout in last week and sustaining above inspite of weak market condition. Keep on radar.
TPL Plastech: Forming multiple Inside Bar & near BOTPL Plastech is consolidating and forming multiple inside bar. Keep on radar for breakout. Seems good consolidation is going on & stock is getting ready to break consolidation range.
TPL Plastech: Trading near ATH resistance levelsTPL Plastech is showing good strength today. Seems stock is getting ready for new ATH based on the descent fundamentals. Keep on radar.
TPLPLASTEH | Pole and Flag Breakout | Swing TradeTPLPLASTEH | Pole and Flag Breakout | Swing Trade
Chart Analysis
1) Pole and Flag Breakout after 5 month consolidation
2) Good Volume Breakout
TPLPLASTEH - Breakout after 600+ daysDetailed View about this Breakout:
No.of Resistance: 5
No.of Support: 6
Consolidation Days: 600+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
BREAKOUT TRADE IN TPLPLASTEHTPLPLASTEH, closed above 41.5 on 29/09/2023. Buy at open on 03/10/23.
Stoploss close below-38.6
Target-54
Risk:Reward- 1:3
TPL plasticLong position. Good to buy around 190 with targets as mentioned.
Educational purpose only
TPLPLASTEH - Weekly AnalysisIn the Weekly Chart of TPLPLASTEH ,
we can see that, after the Big Cup & Handle failure,
it has created a vert strong bullish candle on trendline.
Enter at 42 with SL as 38.50.
Book your profits as per your RR trade plan.
If you want to go long then hold till 72.
TPLPLASTEH - Weekly AnalysisIn the Weekly Chart of TPLPLASTEH ,
we can see that, after the failure of Cup & handle it is showing a strong consolidation.
Descision making candle is fromed on cross trendline.
Enter on breaking its high with low as SL and Go Long.
TPLPLASTEH - Weekly AnalysisIn the Weekly Chart of TPLPLASTEH ,
we can see that, It has respected the Trendline of Cup & Handle.
Enter at 45 with SL as 42 and Target as 76-77.
Rectangular breakout after two year consolidation.Stock is showing a BO after a long consultation with volume.
At CMP is a good opportunity for long.
For study purpose only
Trendline breakouttriangle pattern breakout in weekly chart. tpl plast can show aggressive moves upside above 50 level.
TPLPLAST LOOKING GOOD TO ENTERTPLPLAST LOOKING GOOD TO ENTER
CMP : 41
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