Powered by: Motilal Oswal
05-07-2021 03:17 PM | Source: HDFC Securities Ltd
Technical Positional Pick - Buy Time Technoplast Ltd For Target Rs. 100 - HDFC Securities
News By Tags | #2034 #937 #815 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Technical Positional Pick - Buy Time Technoplast Ltd For Target Rs. 100HDFC Securities 

Stock price is forming bullish higher top higher bottom formation on the daily and weekl chart

Short term trend of the stock is positive where it is trading above its 5 and 20 and 50 day EMA.

RSI Oscillators is showing strength in the stock

Plus DI is trading above Minus DI while ADX is placed above 25 Indicating momentum in the current uptrend.

Considering the Technical evidences discussed above, we recommend buying the Time Techno between 80.6-82 and average at 74, for the upside targets of 89 and 100, keeping a stop-loss at 72.

Buy Time Technoplast Ltd.​​​​​​​ Up to 3 months @ Buy between 80.6-82 CMP 80.6 TGT 100 SL 72

 

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795

SEBI Registration number is INZ000171337

 

Above views are of the author and not of the website kindly read disclaimer