TAMILNADU NEWSPRT & PAPER
Long
Mis à jour

TNPL Price Analysis

218

  1. Support: Horizontal green dotted lines at 158.21 and 168.50 mark previous price levels where the market showed buying interest.
  2. Resistance: Horizontal red line near 240.00 marks a level where the price faced selling pressure in the past.


Summary of the Trade Setup
  • Trade Type: Long (buy).
  • Entry Price: Around 199.48.
  • Stop Loss: Near 173.60.
  • Take Profit: Near 299.35.
  • Risk: Small downside to the stop loss.
  • Reward: Large potential upside to the take profit level.


The trade aims for a significant price increase while risking a relatively small amount, providing a favorable risk-to-reward opportunity.
Trade fermée: ordre d’arrêt atteint
Note
About to Enter again cmp 169.90 sl 5% RR1:2/1:4

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.