Tinplate Co. Of India – 14.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Strong

First Target: 285 (Minor support)

Two potential bearish scenarios for TINPLATE: fall from Pivot point; fall from Resistance zone.

If stock is able to clear Pivot point we should see 10% rise towards Resistance zone.

If Resistance holds we will see fall towards Minor support.

Close below Minor support and weakness will continue.

To confirm rise need close above Resistance zone first, then above previous highs.


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