Time Technoplast Limited
Long

Time Technoplast - Indicators suggesting an upward move

214
Company is the largest manufacturer of large size plastic drums with a market share of ~60% and its 75% revenue comes from pakaging. Though the EPS and Profit has very marginally come down on QoQ basis, if if go purely by indicators:
1. MACD close to getting green
2. Touching top BB
3. Volunes increasing

We can expect the price to move up towards its targets. Blue line target are as per weekly chart, and green as per daily chart.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.