TINPLATE - Breakout & retest structure here. Go long with a SL of 50 ema.
Tinplate - Tata group co getting ready to breakout on monthly charts. Retest possible at neckline bullish sentiment for education purpose only
The weekly chart of tinplate shows a nice rounding bottom pattern completion and breakout above 324. View invalid if closes below 260. Only for educational purposes, not a buy/sell recommendation.
Tinplate is forming a rounding bottom breaking out on monthly basis from level of 324 watch out for monthly closing above 324 with good volumes holding period 6-12 months
(Daily) Breakout and retest 20>50>200 moving averages
on weekly chart #tinplate is looking very bullish with target of 540 after breaking previous high 325 NSE:TINPLATE
Good opportunity for high range upwards for intraday traders. Bullish trend starts.👍
TINPLATE - 1. Forming a cup structure. 2. Recent breakout inside cup. 3. Coming back for a retest on weekly TF. Accumulate it up till 260 levels with a SL of 21EMA. A breakout post 320 will be massive. P.S - This is a less known TATA stock FII have increased their holdings from 0.73% to 2.42%
horizontal resistance breakout volume starts building lower supportive trendline
add 50% now and rest on the dips/pull back to said range. stop and target given !!
for positional trading ... The Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel Ltd, which has a 74.96% stake in it. Incepted in the year 1920, TCIL is a leading tinplate producer. It caters to 74% of the prime tinplate market and ~43 percent of the overall domestic market. TCIL exports ~15% of its produce to different geographies across...
An inverted head and shoulder pattern. Added today @172 with a SL of below 160.
breakout and retesting finish , stock is ready to move higher , also it has posted superb result. buy at 170-180, target 200, 250, 275
CLEARLY TINPLATE IS GONNA PULLBACK IN FEW DAYS... SO YOU GUYS SHOULD WAIT AND CATCH THIS SWING.
Tinplate above 156 no worries for bulls Target 213 - 294
Given breakout on weekly chart one may expect upmove around 25%from current market level.