Trading Idea: Tinplate – BUY
CMP Rs82, Target Rs97, Upside 18.7%
On monthly charts stock has been adhering to its long term support levels placed at Rs70 which earlier turned out to be major resistance. Even on Oscillators front RSI has failed to move below 50 mark, which explains inherent strength in the counter. We recommend traders to accumulate Tinplate between Rs79-82 for a target of Rs97 and Rs102. Maintain a stop loss of Rs73
must buy this is the our internal call
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