The stock is currently in a strong up-trend since its low of 100.
The Monthly RSI is still above its bull phase support of 56.
Price is currently testing its previous high support around 600.
Past up-moves suggest that trend continues till 361.8% FR level.
Hence, the trend is expected to continue to test 1240.
Bullish view remains intact as long as price...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
Westcoast paper is looking good on longer time frame. Stock has given breakout 4-5 month before and sustaining above that. Paper sector is doing well and upcoming election is also one of the trigger for growth in paper industry. Keep on radar.
West Coast papers is trying to move North - we can see a inaccurate / rough head and shoulder pattern and a weekly breakout. Let's see how it moves, in case of a positive green candle above the breakout, we can expect the move till 810-815. Other parameters looks positive as well.
Fundamentally, TTM sales are highest ever, PBT is highest and EPS of 151. Debt is...
West Coast Paper, a prominent player in the paper industry, is currently exhibiting compelling characteristics that have caught the attention of swing traders. A confluence of positive factors, including strong chart strength and growth in fundamentals, positions West Coast Paper as a potential candidate for a swing trade.
The charts for West Coast Paper are...
WSTCSTPAPR appears to be on the verge of a significant move as it breaks out of a small base. The price action suggests that the stock has built a solid foundation and is now ready to make a move to the upside. This breakout could be a strong signal for potential further gains.
Key Points:
Base Breakout: The stock has convincingly broken out of a small base,...
WSTCSTPAPR has given triangle pattern breakout at the trendline resistance levels of 532 zone with good volumes.
Target: 720+
SL: Daily candle close below 515
WSTCSTPAPR:- Stock has given breakout after 1 month of consolidation keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: WSTCTPAPR
🔍 Description: Stock has given breakout of Broadning Pattern and now stock has retest the breakout zone. We may see more upside soon!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of...
West Coast Paper Mills Ltd is one of the oldest and the largest producers of paper for printing, writing, and packaging in India.
The company has established itself as a leading manufacturer of high-quality paper suitable for printing, writing, and packaging purposes. Its paper products, known for their global quality standards, find application across a wide...
Primary degree:yellow
Intermediate degree:White
Minor degree:Red
We are currently in Primary wave 3,Intermediate wave 5.Primary wave 3 has seen extention and has crossed 261.8% extention level and going ahead we can expect this extention to 361.8% which is coming at 818 level.
Stock has given a fresh breakout last week and this week we are seeing retracement in...
WEST COAST PAPER (WSTCSTPAPR) is breaking out of a 1 year large channel or large cup. Breakout retested support line and bounced back. High volume. High RSI. Hits All time high as well
Financial highlights.
Over the past five years, the company has achieved an impressive compound annual growth rate (CAGR) of 33.9% in terms of its profit.
Company has a good return on capital employed (ROCE) of 61.5 %.
Stock has negligible debt to equity of 0.09. /list
Technicals.
Currently price is at somewhere between support and resistance level of the...
Stock Name - West Coast Paper Mills Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 740
#This is not Buy and Sell recommendation to any one. This is for...
