WEST COAST PAPER M NSE:​WSTCSTPAPR

Retraced from 61.8 level Crossed 38.2 fibo with strength CCI(W) on the verge of crossing 100 Close above 347.85 will take it to 362 SL 306

3/1 support is at 298 which is likely to be held by West Coast. Target is 358 in medium term

Awaiting Triangle breakout. Levels mentioned below- CMP 342 TARGET 373 SL 331

Paper sector is booming due to adversarial move in crude price and long term negative impact of plastic on environment. this was the economical and sentimental change in though of investors, which has caused the price to move in tandem and stronger than nifty. However tenkan kijun and cloud B have become flat and price could be attracted towards it. Also two ...

Today it rebounded from 2/1 resistance line. We do not know if it will consolidate or break out. It is better to watch 2 to 3 days to see if it crosses 2/1 resistance line convincingly.

281.90 - 282 Gap Support CCI D crosses 100 Reversal confirmation TGC with strength Verge Of BoxBO C> 302.05 and H > 309 with strength confirms BoxBO Target 345 Duration: 1- 1.5 months

Though not a STRONG Breakout ; a worthy watch for a long move.

TGC with strength CCI(D) crosses 100 CCI(M) >100 Target 348 if crosses resistance 302.35 SL 268

Reversal confirmation with strength and momentum CCI(D) crosses 100 CCI(M)>100 TGC alignment all throughout the HTF Target 302 / 348 / 421 (Wave 3)) SL 239

Technical : Price Channel Target @ 380 Chart Pattern : “Bullish Price Channel” Main Trend Line: At 8 Dec 2017, 18 Dec 2017, reaction lows formed the beginning of the main trend line . Subsequent lows in 03 January 2018, and 10 January 2018 confirmed the main trend line . Channel Line: Once the main trend line was in place, the channel line beginning from ...

West coast paper mills has broken the long term resistance with high volume indicating bullishness. The stock is having good uptrend for a long duration. One can go long above 148. Investment stock. In one year I expect the stock will gain 40 to 50 points. PS : Dear traders, please write your views in comments.