Tolins Tyres Ltd – Trendline Breakout in MotionTolins Tyres Ltd – Trendline Breakout in Motion
NSE:TOLINS
📈 Pattern & Setup:
Tolins Tyres is attempting a clean breakout from a long descending trendline that’s been restricting the price since early September. After a series of shakeouts and tight consolidations, the stock showed strong signs of accumulation, followed by a bullish breakout candle backed with decent volume.
This move indicates fresh buying interest, especially after multiple shakeouts that cleared weak hands. The price is now trading just near its breakout zone, suggesting a potential launch toward the next resistance cluster around 230 levels — roughly a 20% upside from current levels.
📝 Trade Plan:
✍Entry: Above 195 (confirmation above trendline breakout)
🚩Stop-Loss: 180 (below recent swing low)
🎯Targets:
Target 1 → 215
Target 2 → 234 (around 20% potential move)
💡 Pyramiding Strategy:
1. Enter 60% above 195 after confirmation candle closes above breakout
2. Add 40% above 205 on continued strength and higher volume
3. Trail stop-loss to 188 once price sustains above 210
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🔴Disclaimer:
This analysis is for educational purposes only. Not a buy/sell recommendation. Please do your own research or consult your financial advisor before trading.
Tolinstyre
Tolins Tyre looking to tilt the scale. Tolins Tyres Ltd. engages in the manufacture and sale of tires & accessories. It’s products include two-wheeler, three- wheelers, light commercial vehicle and agricultural tyres, pre-cured tread rubber and other accessories including bonding gum, tyre flap, vulcanizing solutions.
Tolins Tyres Ltd. CMP is 210.97. The positive aspects of the company are Company with Zero Promoter Pledge, The Negative aspects of the company are High Valuation (P.E. = 26.2), Increasing Trend in Non-Core Income.
Entry can be taken after closing above 212 Targets in the stock will be 222, 228 and 244. The long-term target in the stock will be 251 and 258. Stop loss in the stock should be maintained at Closing below 193 or 173 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

