TINPLATE :- LATEST CHART ANALYSIS FOR SHORT TERM DELIVERY

 INTRODUCTION

Tinplate latest short term chart analysis, and possible targets for future both short and long term. Tinplate is The country’s first tinplate manufacturer, TCIL is at the cusp of marking a century since inception in the year 1920. The Company has a pan India presence, with its headquarters in Kolkata. TCIL offers Tinplate in cut sheet & coil form, and TFS in sheet form.

The company has almost no debt and is expected to provide good quarterly results. And the Company has been keeping a good dividend payout at 22.84%. And the negative is that the Company has a low “return on equity” of 11.25% over the past three years.

CHART ANALYSIS AND TARGET

TINPLATE :- LATEST CHART ANALYSIS FOR SHORT TERM DELIVERY
TINPLATE :- LATEST CHART ANALYSIS FOR SHORT TERM DELIVERY

  • BUY Above 230
  • targets are 240, 245, 250, 259
  • Stop loss 214
  • Short Term equity cash call

CONCLUTION

Wait for the levels to active , buy limited quantity as per your capital and money management. Do your own analysis before entry. Given levels are for educational purpose. Use Stop loss and trade.

Also check Our Jackpot call posted previous day :- CHART ANALYSIS OF DENORA

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