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GokulHari
Dec 21, 2020 3:20 AM

WEST COAST PAPER MILLS | CHART#14 Long

WEST COAST PAPER MNSE

Description

West Coast Paper Mills Ltd. engages in the production of paper for printing, writing, and packaging. It operates through the following segments: Paper, Cables, and Others.

*Stock Analysis*
-- Stock is progressing for a breakout at 185 levels. If it sustains then it can move up to 200 levels.
-- Good Volume confirmation
-- RSI Indicator above 50(on Daily chart ), and pointing steep : shows a buy sign
-- Once it touch 200 level there is a possibility of retracement up to 185 levels to take support.
-- moving average crossover done.

*Important Levels to Watch*
-- Entry @ CMP
-- Target @ 200
-- SL @ 165 and after breakout put trailing SL


Good Luck Investors❗
-GokulHari

Trade closed: target reached

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